More than 50% of European families have some investment in digital currency. The average European family sees crypto as a viable investment and savings option. This was discovered in several recent surveys conducted over different demographic areas. Despite the volatility of the crypto space, as recent events highlight, it has seen a continuous rise in new investors. More people are committing to crypto investments and many of them are taking steps to buy into the growing market. The flurry…
Tag: Ripple Labs
Central Bank of Bhutan Partners with Ripple Ahead of CBDC Trials
As per Nikkei reports, the Royal Monetary Authority of Bhutan partners with Ripple for its CBDC trials. The main aim is to integrate Ripple’s XRP blockchain into Bhutan’s payment infrastructure to improve P2P transactions and international remittances. Central Bank of Bhutan and Ripple As per Japanese news company Nikkei, the San Francisco-based company Ripple will work with Bhutan’s Central Bank to try their CBDC. The main aim of this collaboration is to see to it that the CBDC will have flawless international…
8 months ago 224
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Can the SEC and Other Financial Regulators Succeed in Regulating DeFi?
In the wake of COVID-19, many situations have gone south, with many economies crashing as the global pandemic ravaged the world’s rest. However, this was a perfect chance for the digital asset industry, including decentralized finance (DeFi), to rise to fame. The cashless options the space presented to many was a well-needed escape from unnecessary risks of contracting the virus. We have recently seen a boost in a lot of top coins as BTC and ETH reached new all-time highs.…
1 year ago 202
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SEC Director Enforcing Lawsuit Against Ripple’s XRP Resigns
Marc Berger, who served as acting Director of the Division of Enforcement at the Securities and Exchange Commission (SEC) for a short time, will conclude his tenor by the end of this month. Berger, who replaced Stephanie Avakian as an acting director of the Division after she departed from the SEC in December, will be stepping down. Mr. Berger joined the Commission as Director of the New York Regional Office in Dec 2017 before being named Deputy Director of the…
1 year ago 235
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Another Lawsuit for Ripple: What Does This Mean for the Company and XRP Coin?
Ripple is a well-known company in the crypto space. The payment and exchange network aims to provide an instant and easy way to move money globally. Although Ripple's idea was conceived in 2004, it wasn't until 2011 that the company actually came to be, with investors jumping on board to support Ripple Labs. Ripple comes with its own currency, XRP, and presents several benefits for crypto enthusiasts. It's a simple design for starters as a day-to-day payment system makes transactions…
2 years ago 223
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