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Ripple Founder Chris Larsen Predicts Regulatory Sea Change, Says War on Crypto About To End One Way or Another

Ripple Founder Chris Larsen Predicts Regulatory Sea Change, Says War on Crypto About To End One Way or Another

Ripple co-founder Chris Larsen thinks crypto is about to witness a regulatory “sea change.” In a new interview with CNBC, the Ripple executive chairman argues that Senator Elizabeth Warren’s “really misguided war on crypto” ceded leadership in the sector to Singapore and the United Kingdom and failed to protect American consumers from threats like FTX. […]

The post Ripple Founder Chris Larsen Predicts Regulatory Sea Change, Says War on Crypto About To End One Way or Another appeared first on The Daily Hodl.

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Ripple CEO Loses Bank Account After 25 Years, Given 5 Days to Withdraw Funds

Ripple CEO Loses Bank Account After 25 Years, Given 5 Days to Withdraw FundsRipple’s CEO has revealed that his 25-year-old bank account was closed due to his role leading a crypto company, underscoring rising regulatory pressures and uncertain U.S. policies. Ripple CEO Brad Garlinghouse’s Bank Account Closed by Major Institution After 25 Years Ripple CEO Brad Garlinghouse has disclosed he was recently debanked, citing increased regulatory scrutiny impacting […]

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Ripple Escalates SEC Battle, Defends XRP’s Non-Security Classification

Ripple Escalates SEC Battle, Defends XRP’s Non-Security ClassificationRipple has filed a cross-appeal against the SEC, with its legal chief insisting that XRP’s non-security status remains untouchable due to strict court review limits. Ripple’s Legal Battle With SEC Over XRP Continues Ripple’s chief legal officer, Stuart Alderoty, announced on social media platform X on Thursday that Ripple has submitted Form C to outline […]

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Price analysis 10/25: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bulls aim to knock out Bitcoin’s all-time high before the US elections wrap up. Will altcoins follow?

Bitcoin (BTC) is facing resistance near $69,000, but the bulls have kept up the pressure. As the price nears the top of the range, the bears are likely to pose a strong challenge. However, analysts expect the range-bound action to end following the result of the upcoming United States elections.

Standard Chartered Bank analyst Geoff Kendrick said in a research note that Bitcoin could surge to $125,000 by the end of the year if the Republicans sweep the US Congress after the Nov. 5 elections. 

Another bullish projection came from Bitwise’s head of alpha strategies, Jeff Park, who said in a post on X that Bitcoin could reach $92,000 if Donald Trump wins the US Presidential elections.

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Ripple ‘made a mistake’ not talking to regulators early, says CEO

Ripple should have engaged with US regulators a lot earlier, says the firm’s CEO Brad Garlinghouse, adding it’s now “trying to make up for lost time.”

Ripple Labs CEO Brad Garlinghouse conceded that his company should have engaged with United States regulators earlier, and now it and the crypto industry are playing catch-up after being on the receiving end of legal enforcement actions.

“I’ve made far more trips to DC in the past few years than I did in the years before that,” Garlinghouse said in an Oct. 23 appearance at DC Fintech Week.

Ripple is one of the US crypto firms that has been entangled in a legal battle with the Securities and Exchange Commission, a regulator many US crypto executives claim is antagonistic and unfair to the industry.

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Ripple Founder Chris Larsen Promises $10,000,000 in XRP to Support Kamala Harris Presidential Campaign

Ripple Founder Chris Larsen Promises ,000,000 in XRP to Support Kamala Harris Presidential Campaign

Ripple co-founder Chris Larsen is financially backing Vice President Kamala Harris ahead of the imminent 2024 US presidential election. The Ripple executive chairman says he will donate $10 million in XRP tokens to the Democratic nominee. “It’s time for the Democrats to have a new approach to tech innovation, including crypto. I believe Kamala Harris […]

The post Ripple Founder Chris Larsen Promises $10,000,000 in XRP to Support Kamala Harris Presidential Campaign appeared first on The Daily Hodl.

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Aurum Equity Partners launches tokenized fund worth $1B

The tokenized fund will invest in data centers in the United States, the United Arab Emirates, the Kingdom of Saudi Arabia, India, and Europe. 

Investment banking firm Aurum Equity Partners has announced the launch of a $1 billion tokenized fund, combining equity and debt assets under the same basket. 

According to an Oct. 22 announcement, the new tokenized fund will focus on establishing data centers in the United States, the United Arab Emirates, the Kingdom of Saudi Arabia, India, and Europe. 

The fund will rely on Zoniqx’s asset tokenization solutions and the Dynamic Compliant Interoperable Security Token (DyCIST) protocol. It will also leverage the layer-1 blockchain XRP Ledger (XRPL) to explore new opportunities in real-world asset tokenization (RWA). Combined, these tools will convert the firm’s assets into tokenized financial instruments. 

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2 Outcomes: Ripple’s Legal Chief Reveals Best SEC Can Hope for in XRP Appeal

2 Outcomes: Ripple’s Legal Chief Reveals Best SEC Can Hope for in XRP AppealRipple’s chief legal officer has highlighted two potential outcomes for the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit over XRP. He explained the SEC’s best-case scenario and noted that Ripple’s Fair Notice defense remains solid. The Ripple legal chief also reaffirmed XRP’s non-security status despite the appeal. 2 Outcomes: Ripple’s Stuart […]

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Ripple’s Chris Larsen Pledges $10M in XRP to Back Kamala Harris’s Campaign

Ripple’s Chris Larsen Pledges M in XRP to Back Kamala Harris’s CampaignChris Larsen, a well-known figure in the world of American business and angel investing, is making headlines once again. This time, the co-founder of multiple Silicon Valley tech ventures, including Ripple, has pledged a whopping $10 million to support Kamala Harris’s campaign. “It’s time for the Democrats to have a new approach to tech innovation, […]

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XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares Counterstrike

XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares CounterstrikeRipple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move challenges several other aspects of the July 2023 ruling regarding XRP. Ripple plans to file a cross-appeal, as both parties brace for a prolonged legal […]

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