Ripple Executive Flags Gary Gensler’s Speech, Highlights SEC’s Shortcomings Ripple’s Chief Legal Officer Stuart Alderoty has pointed out loopholes in Gary Gensler’s speech at the 2023 Securities Enforcement Forum referring to the Securities and Exchange Commission’s (SEC) “shady” behavior. In a social media post on X (formerly Twitter), the Ripple executive replying to the SEC boss said the Commission is losing international relevance following recent developments that have seen it suffer defeat...

XRP Price Pumps 16%, Eyes Test of Yearly Highs Near $1.0 as Crypto Community Discusses Potential 99.9% Victory for Ripple Versus SEC The US Security and Exchange Commission (SEC)’s losing streak in its ongoing lawsuit versus US fintech company and the creator of the XRP cryptocurrency Ripple Labs continued last week. That’s according to a tweet by Ripple Labs’ Chief Legal Officer Stuart Alderoty, who said last Friday that “the 2d Circuit in SEC v Govil held that the SEC can’t ask for a crippling...

Georgia National Bank Partners with Ripple to Host New Digital Lari CBDC Pilot – Adoption on the Rise? The National Bank of Georgia (NBG) has partnered with Ripple as the official technology provider for its Central Bank Digital Currency (CBDC) pushing for a pilot in the near term. In a Nov 2 press release, blockchain payment firm Ripple announced that it has been selected to power the Digital Lari following a competitive process. Today, we announce a partnership with the National Bank of Georgi...

XRP Price Prediction as XRP Jumps 7% and Whale Moves $17 Million in Assets – What’s Going On? XRP (XRP), the cryptocurrency that powers the XRP Ledger launched by US fintech firm Ripple Labs back in 2011, has jumped nearly 8% in the past seven days, with more than 3.5% of these gains coming in the last 24 hours after XRP hit $0.60 for the first time since mid-August on Tuesday. XRP has been in a strong uptrend since finding support at its 200DMA last week, and after breaking above a $0.46-$0.55i...