Epic Games raises $2B for Metaverse, Mastercard scales NFT plans and Ripple scores big win against SEC: Hodler’s Digest, April 10-16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Mastercard files 15 metaverse and NFT related trademarks Multinational payments […]

President Biden announces former Ripple adviser as pick for Fed vice chair for supervision

Following the withdrawal of former Federal Reserve Board governor Sarah Bloom Raskin, United States President Joe Biden has announced his intention to nominate former Obama administration official and law professor Michael Barr as the central bank’s vice chair for supervision. In a Friday announcement, the White House said Barr was Biden’s pick to supervise the […]

Biden Nominates Former Ripple Adviser Barr as Top US Fed Regulator

The official announcement didn’t mention Barr’s background with the financial industry, which also included a stint at financial-technology platform Lending Club. Barr was hired in 2015 on the board of Ripple Labs, when he said that he thought “innovation in payments can help make the financial system safer, reduce cost, and improve access and efficiency […]

Ripple scores ‘a very big win’ in SEC case

Ripple Labs has struck a blow against the Securities and Exchange Commission’s (SEC) case after the presiding judge made a ruling that one Ripple community lawyer calls “a very big win for Ripple.” The SEC filed suit in 2020 against Ripple and executives Brad Garlinghouse and Christian Larsen for selling unregistered securities. Presiding Judge Sarah […]

Ripple & Greenpeace Join Forces For Curious Campaign To Change Bitcoin To PoS

Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike. Who’s Chris Larsen trying to fool? Even though the Chairman of Ripple claims that “the company is not involved in this campaign,” their latest PR stunt […]

Ripple, Brave, and Huobi Join Instant Global Payments Network PayID

More than 40 companies including Ripple, Brave and Huobi have joined forces to form the Open Payments Coalition and launch universal payments system PayID. Reaching more than 100 million consumers, the new payment process will allow users to send or receive money anywhere in the world across any payment network in real time. Users can […]

Ripple Adds 5 New Clients to Its RippleNet Cloud Solution

As part of its expansion of global customer-base, Ripple Labs has added five new clients to its RippleNet Cloud solutions which give banks and financial institutions a possibility to offer payment services using the RippleNet network. San Francisco-based blockchain startup Ripple has added five new clients to its cross-border payments network – RippleNet. The company […]

“XRP is Not a Security” Says Ex-CFTC Chairman, Now Paid by Ripple

Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo, published an opinion on June 17 arguing that XRP does not fulfil the criteria to be considered a security according to the Howey Test. Giancarlo left the CFTC in April 2019, and he is no longer in charge of making such decisions. Perhaps even more questionably, […]

Ripple Touts XRP Use in New Crypto Framework Suggested for India

American fintech firm Ripple has proposed a policy framework for regulating crypto in India amid local crypto uncertainty. In an effort to persuade Indian authorities to support fintech regulation and the growing crypto industry, Ripple issued a policy paper addressed to local legislators. India as a dominant use-case for cross-border payments and remittances Released on […]

XRP Isn’t a Security, Says Ex-CFTC Chairman Who Is Working at Ripple

Chris Giancarlo, who as a CFTC chairman decreed that both Bitcoin and Ether were not securities, has argued the same for XRP. Chris Giancarlo, American attorney and former business executive who served as 13th chairman of the United States Commodity Futures Trading Commission wrote recently in the International Financial Law Review that XRP, the cryptocurrency formally […]