Despite delays in the U.S. Senate on the CLARITY Act, Ripple has a viable alternative path to advance its institutional ambitions through its conditional approval for a national trust bank charter by the Office of the Comptroller of the Currency (OCC). This federally supervised banking structure could enhance Ripple's regulatory standing and support its operations in custody, stablecoins, and cross-border settlements. While the CLARITY Act would provide broader regulatory clarity for digital assets, Ripple's OCC charter offers a company-specific regulatory framework that can complement future legislation. Ripple can continue expanding XRP adoption and building its regulated infrastructure regardless of the CLARITY Act's progress, positioning itself strongly in the evolving crypto regulatory landscape.
Binance has transferred the final $101 million in XRP from its compromised hot wallet, effectively emptying it after a major hack on October 29 that resulted in a $6.3 billion loss across multiple blockchains. This move closes the vulnerable address ...
Ripple released 1 billion XRP tokens in November but returned 700 million XRP back to escrow, leaving only 300 million XRP outside escrow. The release involved two transactions of 500 million XRP each, followed by locking transactions of 500 million ...
Water.org, partnered with Ripple, has enabled over one million people in Latin America to access safe water and sanitation financing by using Ripple Payments and the RLUSD stablecoin. This collaboration has reduced transaction times and fees signific...
XRP price hovered around $1.25 in early November after falling nearly 16% in October. Despite the price decline, U.S. spot XRP ETFs attracted $18.83 million in inflows during October, marking their seventh consecutive month of positive subscriptions....
A wallet linked to the $6.3 billion Binance hack transferred a total of 80 million XRP, valued at about $100.9 million, to two unknown addresses. These transactions occurred shortly after Binance began restoring cryptocurrency withdrawals following t...
