XRP News

XRP is a digital asset created by Ripple Labs in 2012, designed to facilitate fast, low-cost cross-border payments and serve as a bridge currency between traditional fiat currencies. Unlike Bitcoin's proof-of-work consensus, XRP operates on the XRP Ledger, a decentralized blockchain that uses a unique consensus protocol to validate transactions in seconds rather than minutes.

The XRP ecosystem centers around financial institutions, payment providers, and banks seeking to modernize their cross-border payment infrastructure. Ripple's On-Demand Liquidity service leverages XRP to eliminate the need for pre-funded nostro accounts, while independent developers continue building applications on the XRP Ledger's native decentralized exchange and smart contract capabilities.

At CoinDesk, we provide comprehensive coverage of XRP news, from regulatory developments and institutional adoption to technological upgrades and market analysis. Our reporters track the ongoing legal proceedings between Ripple and the SEC, partnerships with global financial institutions, and the broader implications for cryptocurrency regulation.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

XRP News

Finance

Coinbase Sued for Allowing the Sale of XRP

A man from Missouri is filing a suit against Coinbase for its sale of XRP, a California court filing reveals.

By Colin Harper, Blockspace MediaDec 30, 2020

Entrance of San Francisco's Federal Building and U.S. Courthouse

Finance

Genesis to Suspend XRP Trading, Lending

In an email sent to clients Wednesday, Genesis announced it would be halting XRP trading and lending in the new year.

By Colin Harper, Blockspace MediaDec 30, 2020

Ripple CEO Brad Garlinghouse speaking at the DC Blockchain Summit 2019.

Policy

Ripple to Meet With SEC in First Pretrial Conference on Feb. 22

Ripple and the SEC will meet over video call, according to a court order from the U.S. District Court of the Southern District of New York.

By Colin Harper, Blockspace MediaDec 30, 2020

Brad Garlinghouse Ripple

Markets

Market Wrap: Bitcoin Down to $26K but Traders Remain Bullish

Bitcoin fell to the $26,000 level after it hit above $28,000 on Sunday, yet markets remain bullish on both retail and institutional interest.

By Muyao ShenDec 29, 2020

screen-shot-2020-12-29-at-14-26-13

Markets

Crypto.com to Delist, Suspend XRP in the US After SEC's Ripple Suit

The announcement came hours after Coinbase and OKCoin took similar actions.

By Kevin ReynoldsDec 29, 2020

Kris Marszalek, CEO of Crypto.com

Markets

Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple

Coinbase said it will suspend trading of XRP, the cryptocurrency at the heart of an SEC lawsuit against Ripple Labs.

By Nikhilesh De, Zack Seward, Lawrence LewitinnDec 28, 2020

Brad Garlinghouse, Ripple CEO, speaks at Davos 2020. (CoinDesk)

Policy

OKCoin to Suspend XRP Trading and Deposits on Jan. 4

OKCoin became the latest exchange to suspend XRP trading and deposits as of early next year.

By David PanDec 28, 2020

A montage of Ripple-related brands (Ripple)

Markets

Crypto Long & Short: The Christmas Poem Edition

Looking back on the year in bitcoin and crypto, with rhymes.

By Noelle AchesonDec 27, 2020

Holiday Season Begins Across New York City Area

Markets

B2C2 Becomes Latest Crypto Market-Maker to Stop XRP Trading: Report

Non-U.S. clients can still trade the token but need to pre-fund all short trades, the report said.

By Kevin ReynoldsDec 26, 2020

B2C2 CEO Max Boonen

Markets

Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit

Bitstamp is the first major U.S.-based crypto exchange to respond to the SEC lawsuit against Ripple.

By Kevin ReynoldsDec 25, 2020

Bitstamp CEO and founder Nejc Kodrič
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