The SEC approved changes to Nasdaq Texas Rule 5711(d), explicitly naming XRP alongside Bitcoin, Ether, and Solana as digital assets meeting commodity-based trust standards. This approval allows crypto trusts to hold at least 85% in qualifying assets and up to 15% in other digital commodities or certain securities, enabling more diversified and actively managed crypto ETFs. While XRP's price dropped slightly amid broader market pressures, institutional demand remains strong with significant ETF inflows and major financial firms increasing holdings. The ruling signals a shift towards more innovative crypto investment products beyond single-asset ETFs, positioning XRP and other major digital assets as core components of regulated crypto portfolios.
The XRP Ledger has progressed toward launching its Smart Escrow feature by releasing the ninth Devnet update. This update includes a major backend shift from C++ to Rust for the WebAssembly virtual machine, boosting performance by 30-50%. Smart Escro...
Documents from financial institutions show XRP and Stellar Lumens (XLM) are categorized as specialized blockchain protocols designed for banks and institutional finance, unlike Bitcoin and Ethereum which serve broader public networks. These protocols...
The SEC and CFTC have jointly classified Bitcoin, Ether, Solana, Stellar, Tezos, and XRP as digital commodities, placing them under the Commodity Futures Trading Commission's regulatory oversight rather than the SEC's. This classification stems from ...
Ripple announced plans to move its customer payment volume onto the XRP Ledger (XRPL) by 2027 and to expand a pilot program using the ledger's decentralized exchange. At XRP Seoul 2026, Ripple's President Monica Long revealed a proposal to connect Ri...
Ripple announced plans to move customer payment volume onto the XRP Ledger (XRPL) in 2027, aiming to expand payment pilots and integrate lending pools funded by XRP. This would make XRP a source of income for businesses, beyond just transferring mone...
