Shiba

Read

Shiba Inu

<ul>
 <li>After a three-year hiatus, Ripple plans a strategic return.</li>
 <li>Ongoing SEC disputes and recent XRP hack challenges addressed.</li>
 <li>Ripple reaffirms commitment with U.S. relaunch, overcoming regulatory.</li>
</ul>
<p>In a bold move, <a href="https://ripple.com/" target="_blank" rel="noopener noreferrer nofollow">Ripple</a> Labs Inc. is gearing up to reintroduce Ripple Payments in the U.S., ending a three-year hiatus fueled by regulatory battles with the <a href="https://www.sec.gov/" target="_blank" rel="noopener noreferrer nofollow">SEC</a> and recent XRP hack concerns. Despite 90% of its operations thriving globally, Ripple plans to roll out product upgrades, leveraging its extensive money transmitter licenses (MTLs) to target a majority of U.S. states.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">BREAKING: <br><br>RIPPLE PAYMENTS TO GO LIVE IN US AMID SEC BATTLE &amp; HACK FIASCO<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2757.png" alt="❗" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> <a href="https://t.co/e0t4zykkTC" rel="noopener noreferrer nofollow">https://t.co/e0t4zykkTC</a></p>— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) <a href="https://twitter.com/_Crypto_Barbie/status/1754130063144923446?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 4, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The announcement comes amidst the ongoing <a href="https://cryptonewsland.com/ripples-legal-battle-heats-up-sec-demands-recent-financial-statements/" target="_blank" rel="noopener noreferrer nofollow">legal dispute with the SEC</a>, as Ripple seeks a nuanced court ruling and disputes the regulator’s claims. The recent XRP hack allegations, involving a reported $112.5 million loss, triggered a 4% XRP value drop, <a href="https://cryptonewsland.com/ripple-stands-firm-garlinghouse-debunks-security-breach-rumors/" target="_blank" rel="noopener noreferrer nofollow">later refuted by</a> Ripple CEO Brad Garlinghouse, who clarified that no platform wallets were compromised.</p>
<p>The affected accounts were revealed to belong to Chris Larsen, Ripple’s co-founder. Binance, in a rapid response, froze $4.2 million worth of stolen XRP to aid the ongoing investigation. Ripple’s strategic U.S. comeback showcases its resilience and commitment to providing solutions despite legal challenges and security concerns.</p>
<p>The move marks a notable shift after Ripple explored IPO options outside the U.S., citing regulatory hostility. With plans for U.S.-specific offerings, Ripple Payments aims to navigate regulatory uncertainties and reinforce its position in the domestic market.</p>
<p>As the legal battle with the SEC continues, Ripple’s initiatives, including the U.S. relaunch, present a dynamic narrative for the renowned blockchain payments firm, reflecting its determination to adapt and succeed in the evolving crypto landscape. Stay tuned for further developments in Ripple’s journey amid regulatory scrutiny and cybersecurity challenges.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/shiba-inus-shibarium-relaunches-credits-polygon-for-support/" rel="noopener noreferrer nofollow">Shiba Inu’s Shibarium Relaunches, Credits Polygon for Support</a></li>
 <li><a href="https://cryptonewsland.com/shiba-inu-latest-update-following-its-bullish-relaunch/" rel="noopener noreferrer nofollow">Shiba Inu Latest Update Following Its Bullish Relaunch</a></li>
 <li><a href="https://cryptonewsland.com/ftx-victims-express-optimism-for-relaunch-plans-amid-bankruptcy-concerns/" rel="noopener noreferrer nofollow">FTX Victims Express Optimism for Relaunch Plans Amid Bankruptcy Concerns</a></li>
 <li><a href="https://cryptonewsland.com/binance-to-relaunch-bid-to-buy-bankrupt-voyager-digital/" rel="noopener noreferrer nofollow">Binance to relaunch bid to buy bankrupt Voyager Digital</a></li>
 <li><a href="https://cryptonewsland.com/bone-and-leash-prices-surge-15-and-18-as-shibarium-relaunches/" rel="noopener noreferrer nofollow">BONE and LEASH Prices Surge 15% and 18% as Shibarium Relaunches</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/ripple-payments-set-for-u-s-relaunch-amidst-challenges/" rel="noopener noreferrer nofollow">Ripple Payments Set for U.S. Relaunch Amidst Challenges</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Ripple Payments Set for U.S. Relaunch Amidst Challenges

Crypto News Land

2024년 2월 6일에 게재된 다른 기사

Decentralized Fund Management Platform DeSyn Launch Liquidity Restaking Fund, Enjoy triple points...

Bitcoin Exchange Binance Announces It Will Support Network Upgrade and Hard Fork of This Altcoin!

SEC Marks Win, Wins Motion to Compel Against Ripple

Bitcoin’s 2024 Forecast: Analyst Predicts $60,000 Surge Before Halving And New ATH By Q4

Chainlink (LINK) Sees Huge Surge Amid Mysterious $42 Million Accumulation

Solana Network Issues Cause Market Stir

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!