Crypto News Center

Ripple to Allocate US$10 Million to Tokenised US Treasury Bills on XRP Ledger in Crypto Tokenisation Push

Ripple has announced the allocation of US$10M into tokenised US T-bills on the XRPL network. TBILL tokens are backed by short-term US T-bills and reverse repurchase agreements. Purchasers will be able to mint TBILL tokens via Stablecoins, including Ripple USD, which is due to launch later this year. This is the first time a traditional finance instrument has been enabled on the platform. Ripple, the digital payment network, has invested...

Cryptocurrency Adoption in Online Casinos Sees Significant Growth

You are here: Home / News / Cryptocurrency Adoption in Online Casinos Sees Significant Growth The digital currency revolution is making great strides in the online gambling industry, offering new opportunities for players and operators alike. Cryptocurrencies are becoming a preferred payment method due to their security, speed, and anonymity. This trend is reshaping how online casinos operate and engage with their audience. The Appeal of Cryptocurrency in Online Gambling...

SEC retargets Ripple’s XRP sales on exchanges, distributions of XRP to employees in Form C filing

The Commission does not dispute the $125 million fine imposed on Ripple Labs. Key Takeaways The SEC's appeal does not contest XRP's classification as a non-security but challenges other aspects of the ruling. The appellate court will conduct a de novo review of the SEC's claims against Ripple's XRP transactions. The SEC is appealing the July 2023 ruling that determined Ripple’s XRP sales on digital asset platforms, executives’ sales, and...