Ripple Drops its Cross Appeal and Expands into Africa
Ripple has agreed to drop its cross-appeal, allowing the SEC to keep $50 million of a $125 million fine and return the balance to Ripple.
On March 25, 2025, Stuart Alderoty, Ripple's chief legal adviser, shared this update, marking a positive turn for Ripple, the XRP community, and the crypto industry. This settlement provides Ripple with a solid foundation for continued growth.
On March 27, Ripple announced an exciting expansion, highlighting Africa's evolving payment landscape. Partnering with Chipper Cash, Ripple aims to enable faster and more cost-effective cross-border payments into Africa using Ripple Payments.
This collaboration underscores Ripple's commitment to leveraging crypto-enabled transactions for financial innovation on the continent.
A Massive Resounding Victory for Ripple and the Crypto Industry
Source: https://x.com/bgarlinghouse
On March 19th, 2025, CEO of Ripple Brad Garlinghouse announced, "The moment we’ve been waiting for. The SEC will drop its appeal—a resounding victory for Ripple, for crypto, every way you look at it."
This marks a historic and triumphant moment for Ripple, the XRP community, and the broader crypto industry. The decision brings optimism and renewed vigour to the industry, foretelling a bright future.
This victory is not just for Ripple but for the entire cryptocurrency world. The community's collective efforts and resilience have paved the way for this achievement.
Congratulations to Ripple and its team, the XRP community, and the entire crypto industry. All glory and thanks to God for this momentous occasion. Let us build the future together.
XRP Numbered in U.S. Crypto Strategic Reserve
On March 2, 2025, U.S. President Donald Trump announced via Truth Social the inclusion of several cryptocurrencies in a newly established Crypto Strategic Reserve. Among the notable mentions were XRP, Solana, and Cardano, highlighting their growing importance in the digital financial landscape.
Bitcoin and Ethereum were also added to the list of assets in the reserve, further cementing their status as leading cryptocurrencies. This development has been met with enthusiasm from the crypto community, particularly among XRP supporters, as it signifies official recognition and potential future stability for these digital currencies.
The strategic reserve is seen as a positive step towards integrating cryptocurrencies into the broader financial system and underscores the U.S. government's commitment to embracing innovative financial technologies.
SEC Agreed to Drop Litigation Against Coinbase: Is Ripple Next? and Bybit Hacked
Towards the end of this week, two major news stories surfaced in the cryptocurrency world. First, the SEC staff agreed to dismiss their case against Coinbase, pending Commission approval.
Coinbase's CEO, Brian Armstrong, announced this development in a video message on X.com, highlighting that while this marks the end of their legal battle, it is just the beginning for building in the crypto space. Armstrong thanked everyone who supported Coinbase and the broader crypto community.
In a separate incident, Bybit, a prominent crypto exchange, was hacked on February 21, 2025, due to unauthorised activity. Bybit's CEO, Ben Zhou, provided an update on X.com, stating that all withdrawals have been processed, and the withdrawal system is back to normal. Zhou expressed regret over the incident and gratitude for the users' patience.
The dismissal of the Coinbase case has fuelled optimism within the XRP community, raising the question: Will the SEC dismiss Ripple's case next?
The Impact of Trump's Post about Ripple on Truth Social, and the Excitement of XRP ETF Approval in Brazil
The XRP community received a significant boost on the 19th of February 2025 with two major announcements. The newly elected President Donald Trump posted about Ripple on Truth Social, which garnered widespread attention and optimism among crypto enthusiasts.
Concurrently, the news of the approval of the XRP ETF in Brazil added to the excitement, marking a milestone in Ripple's network growth and expansion within the crypto space.
Brad Garlinghouse, Ripple's CEO, also expressed his enthusiasm for the development, tweeting "Bom dia!" to celebrate the occasion. These events signify the continual positive trajectory for Ripple, enhancing its reputation and fostering a sense of confidence in the market.
The combined effect of Trump's endorsement and regulatory approval in Brazil demonstrates Ripple's increasing influence and acceptance on a global scale.
Grayscale Development: SEC Acknowledges to Convert XRP Trust Conversion into an ETF
In a groundbreaking Grayscale development for the XRP community, the Securities and Exchange Commission (SEC) has formally acknowledged the proposal to convert XRP Trust into an Exchange-Traded Fund (ETF).
While this recognition is a significant step forward, it does not equate to automatic approval or a guarantee that the SEC will greenlight the conversion in the future. The SEC's openness signals a potential shift towards a more accommodating regulatory environment for cryptocurrencies.
The impact of this acknowledgement on the XRP community is profound. It raises hopes for greater legitimacy and acceptance of XRP as a financial instrument, which could enhance market confidence and attract new investors.
Additionally, should the ETF be approved, it could pave the way for increased institutional participation, leading to improved liquidity and stability in the XRP market. The SEC's movement indicates evolving perspectives that could reshape the cryptocurrency landscape.
Brad Garlinghouse Celebrates Crypto Momentum at Trump Inauguration Dinner
Image Source:X.com
On January 20, 2025, Ripple CEO Brad Garlinghouse attended a series of high-profile events surrounding Donald Trump's inauguration, highlighting the growing enthusiasm for cryptocurrency. Sharing his experiences on X.com (formerly Twitter), Garlinghouse expressed his excitement about the potential of crypto and blockchain technology.
Image Source:X.com
In his post, he reflected on the energy surrounding the Crypto Ball, the Vice President’s dinner, and the President’s dinner, emphasizing the optimistic atmosphere in Washington, D.C. He noted the significant interest in leveraging these technologies both in the United States and worldwide, signaling a potential shift in how cryptocurrencies may be embraced in the future.
Garlinghouse concluded his message by congratulating the newly elected president and vice president of the United States of America, further highlighting the vibrant community within the crypto space. His remarks indicate a pivotal moment for Ripple and the broader blockchain industry as they aim for greater acceptance and growth.
A New Era: Donald Trump's Inauguration and Major Shifts in Crypto Regulation
Image Source: https://pixabay.com
On January 20, 2025, the United States will be witnessing the inauguration of Donald Trump, marking a significant moment in American politics. Coinciding with this event, the crypto landscape is buzzing with activity. On January 18, the Trump meme coin debuted on the Solana blockchain two days earlier, trading over $60 before stabilizing above the $40 mark. This development indicates a newfound enthusiasm in the cryptocurrency market.
Additionally, the resignation of Gary Gensler as SEC Chair has stirred excitement, particularly within the XRP community. Paul Atkins has been appointed as his successor, leading many to speculate about a potentially more favourable regulatory environment for cryptocurrencies in the U.S. This comes in the wake of the SEC's lawsuit against Ripple on December 20, 2020, highlighting ongoing tensions between crypto entities and regulatory bodies.
With Trump's presidency and a new SEC leadership, there is a growing belief that the U.S. could become more accommodating to the crypto sector, fueling its growth further in the months ahead. As the political and economic landscape evolves, all eyes will be on how these changes will shape the future of cryptocurrency.
Ripple Leaders Dine with Donald Trump: A Strong Start to 2025
On January 8, 2025, Ripple CEO Brad Garlinghouse sparked excitement in the XRP community by sharing a captivating photo on his X.com page. The post highlighted an evening dinner with none other than Donald Trump and Ripple's Chief Legal Officer, Stuart Alderoty.
Garlinghouse expressed enthusiasm for the gathering, referring to it as a "great dinner" and emphasizing the positive start to the new year. Alderoty added a lighthearted touch, highlighting that the "beef bourguignon was really good."
This meeting not only underscores Ripple's continued influence in the cryptocurrency space but also signals potential opportunities for collaboration with political figures as the regulatory landscape evolves.
As Ripple navigates the challenges of the digital asset market, this high-profile dinner could pave the way for further discussions on the future of cryptocurrency in the United States, igniting intrigue among XRP supporters and investors alike.
David Schwartz Warns Against FOMO as Ripple USD Launches December 17, 2024
On December 15, 2024, David Schwartz, Ripple's CTO, issued a timely warning to crypto enthusiasts and the XRP community on X.com (formerly Twitter). He cautioned against the fear of missing out (FOMO), stating, "Please don't FOMO into a stablecoin! This is not an opportunity to get rich." His advice came just hours before the anticipated launch of Ripple USD (RLUSD), confirmed to go live on December 17, 2024.
RLUSD is poised to be a game-changer as Ripple’s first enterprise-grade stablecoin, designed with trust and compliance in mind. This USD-denominated digital asset aims to bridge the gap between the crypto sector and traditional finance.
The announcement signals a significant development for both Ripple and the broader crypto community, offering new opportunities for stability and innovation in the ever-evolving digital asset landscape. As excitement builds, Schwartz's cautionary words remind investors to proceed with prudence.
Ripple Now Has Final Approval for RLUSD, and Listing Will Be Live Soon
Ripple has announced that it has received final approval for RLUSD, with partner listings set to go live soon. This development marks a significant milestone for Ripple and its XRP community, particularly following a recent 60-minute interview with CEO Brad Garlinghouse on December 8, 2024.
In the interview, Garlinghouse addressed the SEC’s ongoing lawsuit against Ripple, emphasizing that a federal judge ruled XRP is not a security. He criticized the media coverage for omitting this crucial detail.
On December 10, Garlinghouse took to X (formerly Twitter) to confirm the approval of RLUSD, stating, “Exchange and partner listings will be live soon.” He encouraged the community to stay tuned for updates from official sources.
This announcement is a positive sign for Ripple amid regulatory challenges, displaying the company’s resilience and commitment to innovation in the cryptocurrency space. The XRP community eagerly anticipates the future developments surrounding RLUSD and Ripple’s ongoing progress.
Navigating the Crypto Landscape: Industry Leaders Unite Amid Regulatory Challenges
In a related development, newly elected President Donald Trump for 2025 appointed David Sacks as the new crypto and AI czar. Sacks, a prominent entrepreneur and investor, is expected to play a critical role in shaping the future of these technologies under the current administration. Garlinghouse took to Twitter to congratulate Sacks, highlighting his comprehensive understanding of technology and expressing optimism about advancing pro-innovation plans in AI and crypto, declaring it a "dream team."
This Sunday, December 8, Brad Garlinghouse, CEO of Ripple, will appear on "60 Minutes" to discuss cryptocurrency's ongoing struggle for regulatory clarity in the U.S. His insights are highly anticipated as the crypto community seeks direction amid fluctuating regulations.
In the ever-evolving world of cryptocurrency, the term "crypto czar" refers to a designated individual with major influence and authority over the regulation and promotion of cryptocurrency within a government or organizational context. This role is crucial, particularly as the industry grapples with the need for clear regulatory guidelines.
As these industry leaders step into their roles, the fate of regulatory clarity and innovation in the cryptocurrency field hangs in the balance, making this a pivotal moment for the sector in the United States.
Paul Atkins to Replace Gary Gensler as New Sec Chair
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Donald Trump has appointed Paul Atkins as the new Chair of the Securities and Exchange Commission (SEC), replacing Gary Gensler. This change is seen as a pivotal moment for the cryptocurrency community, especially for XRP and its supporters.
Prominent figures in the crypto space, like Brad Garlinghouse and Stuart Alderoty, expressed optimism about Atkins’ leadership. They believe that his appointment, along with Hester Peirce and Mark Uyeda, promises to restore common sense and investor protection in the SEC.
Source: X.com
This new leadership trio aims to move away from strict regulations that have been perceived as hindering the crypto industry. They advocate for a shift toward a more open environment, where innovation and economic growth can thrive.
For the XRP community, this could mean a more favourable stance on cryptocurrency regulations, potentially easing restrictions and fostering a brighter future for crypto.
Transition at the SEC: Gary Gensler Steps Down, Teresa Goody Guillén Might Take Charge
In a significant shift for the U.S. Securities and Exchange Commission (SEC), Chair Gary Gensler announced he will step down effective January 20, 2025, at noon. Gensler’s tenure, which began on April 17, 2021, is notable for its focus on enhancing the integrity and resilience of the capital markets in the wake of the GameStop trading frenzy. Under his leadership, the SEC enacted a comprehensive rulemaking agenda to strengthen market efficiency and oversee pivotal enforcement actions that returned billions to investors harmed by misconduct.
Stepping into Gensler's shoes might be Teresa Goody Guillén, who expressed her vision for the SEC via a post on X.com (formerly Twitter). She advocates for restoring trust within the agency, improving engagement with the industry, and reforming regulatory frameworks, particularly concerning cryptocurrencies. Her call to “Make the SEC Great Again” emphasizes a shift towards fostering innovation and removing regulatory barriers.
Source: X.com
The implications of this leadership change could resonate deeply within the XRP community and the broader crypto industry. As the SEC might pivot under Guillén’s leadership, there is potential for new dialogues around regulation that may clarify crypto rules and promote a healthier environment for innovation in the U.S. financial landscape.
Significant Boost for Ripple: New Support and Integration
Elon Musk's endorsement of John Deaton's Senate bid adds momentum to the crypto community's push against regulatory overreach. By typing "YES" to Coinbase CEO Brian Armstrong's support post for Deaton, Musk aligns himself with a movement advocating for more favorable crypto policies, especially vital in Massachusetts, where residents must consider the implications of Senator Elizabeth Warren's stance on cryptocurrency.
Source: X.com
Amidst this political backdrop, the announcement of the XRP ledger snap for MetaMask marks a pivotal moment for Ripple and the broader XRP community. With 30 million active MetaMask users gaining seamless access to the XRP Ledger, this integration could significantly amplify user engagement and asset management within the XRPL ecosystem. The Snap incorporates all key features from the XRPL Mainnet and Testnet, empowering developers to easily connect and sign transactions.
This synergy between Musk's political support and MetaMask's technical advancements positions Ripple for enhanced adoption and opens new pathways for innovation and interaction in the crypto landscape. As the community rallies around Deaton, the fight for crypto freedom gains a powerful ally, while the new tools help catalyse growth in XRP transactions and utilisations.
Ripple and XRP Community March Forward Despite SEC's Appeal Notice to Judge Torres
Despite the SEC's recent notice of appeal to Judge Torres's ruling, the Ripple and XRP community remain resilient and focused on advancing the use of XRP in the digital asset space.
Source: https://x.com/FilanLaw
Bitwise, a prominent crypto asset manager, made a significant announcement on October 2nd, 2024, signalling its intent to launch an XRP exchange-traded fund (ETF). This move demonstrates Bitwise's confidence in the potential of XRP and commitment to providing investors with access to opportunities in the digital asset market.
Bitwise CEO Hunter Horsley expressed optimism about the future of blockchain technology, stating, "We believe blockchains will usher in new apolitical monetary assets and permissionless applications for the 21st century." The filing for a Bitwise XRP ETF reflects the company's determination to facilitate investment in the evolving crypto landscape.
Source: https://x.com/BitwiseInvest
The news of Bitwise's filing for an XRP ETF is a testament to the ongoing support and development within the XRP community, despite the legal challenges faced by Ripple. The community's perseverance and dedication to the advancement of XRP highlight the continued momentum behind the digital asset. As the SEC's appeal unfolds, the Ripple and XRP communities remain steadfast in their commitment to driving innovation and adoption in the digital asset space.
Ripple Seeks Stay of Monetary Judgement After SEC Consent
Ripple, the blockchain technology company, has recently made a significant legal move in its ongoing battle with the U.S. Securities and Exchange Commission (SEC). In a letter filed with the court, Ripple requested a stay of the monetary portion of the judgment entered on August 7, 2024. This latest development comes as the company navigates the complexities of the legal dispute with the SEC.
James K. Filan, a well-known figure in the cryptocurrency community, shared this update on his X account (formerly known as Twitter), shedding light on Ripple's legal manoeuvre. According to Filan, the SEC has consented to Ripple's request for a stay, marking a notable development in the case.
The decision to seek a stay of the monetary judgement indicates Ripple's efforts to manage its legal obligations while the broader legal proceedings unfold. Ripple's actions and the SEC's response will be closely watched considering evolving cryptocurrency regulations.
As the legal saga between Ripple and the SEC continues to unfold, stakeholders eagerly await further developments that will shape the future of Ripple and potentially influence the broader cryptocurrency regulatory environment. "Ripple Requests Stay of Monetary Judgement Following SEC Consent"
Victory for Ripple: Reflecting on the Landmark Decision of July 13, 2023
On July 13, 2023, Judge Torres made a historic ruling in the case of XRP, declaring that XRP, in and of itself, is not a security. This pronouncement by the judge marked a significant moment for Ripple and the entire cryptocurrency industry. Brad Garlinghouse, CEO of Ripple, expressed his joy on social media, emphasizing the impact of this ruling on Ripple and the industry.
The decision was a testament to Ripple's unwavering determination to stand up against unwarranted challenges. The victory reminded them that they were on the right side of the law and history. This triumph also resonated with Stuart Alderoty, who shared his reflections on the monumental verdict. He highlighted the significance of the judgment, stating that it was a watershed moment for the recognition of XRP as a non-security token.
This ruling occurred when the SEC, under Gensler's leadership, had intensified its regulatory scrutiny of the crypto space. Ripple's victory stood as a firm rebuttal to the SEC's aggressive stance, reaffirming the strength of the XRP community and its commitment to the industry's advancement.
Developments in the Ripple Case: What’s Happening?
On July 2, 2024, James K. Filan made an important announcement to the XRP community on X (formerly known as Twitter). He revealed that Ripple had filed a Notice of Supplemental Authority concerning the recent Binance decision.
This was followed by another update on July 3, 2024, where he mentioned that the SEC had responded to Ripple's Notice of Supplemental Authority regarding the Binance decision.
These developments may indicate that the case is nearing its conclusion. The back-and-forth filings and responses suggest that considerable progress is being made towards resolving the matter.
It is an important moment for the XRP community and worth paying close attention to future updates.
Ripple vs SEC Legal Battle: SEC Lowers Demand from Billion to Million
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) seems to be taking a new turn as the SEC has significantly reduced its demand from $2 billion to $ 102.6 million. This drastic reduction in the SEC's claim raises questions about the future of the case and the possible implications for both parties involved.
Recent updates from James K. Filan on X (formerly known as Twitter) revealed significant developments in the case. Ripple filed a Notice of Supplemental Authority regarding Terraform Labs Consent Judgment on June 13, 2024. Additionally, on June 15, 2024, James K. Filan shared that the SEC responded to Ripple’s letter concerning the Terraform Labs Consent Judgment, indicating an escalation in the legal proceedings.
Stuart Alderoty also shared updates on the matter, stating that Ripple defended itself by "agreeing to nothing" and emphasizing that the court ruled that XRP is not a security. Furthermore, it was highlighted that there are no "victims" to compensate, and Ripple continues to thrive despite the legal challenges. The revelation that the SEC has abandoned its initial demand for $2 billion further adds to the case's complexity.
As the saga unfolds, the drastic shift in the SEC's claim and the recent court rulings indicate a potential shift in the dynamics of the legal battle. The implications of these developments and their impact on the future of Ripple and the broader cryptocurrency industry remain to be seen.