According to the senior vice president of product at Ripple, the biggest risk that this California-based start-up faces today is regulation.
Ripple has developed a number of solutions that can reduce the costs of international money transfers, but the company has to face some obstacles on the way to the massive adoption of its technology.
Ripple aims to provide greater market transparency and certainty about current and future XRP supply by placing 55 billion XRP into a transparently managed escrow account.
Ripple is proud to announce that it has significantly expanded the list of its customers and investors.
The San Francisco-based financial technology startup has announced partnerships with seven new banks to provide its blockchain platform for overseas payments.
BitLicense was granted after a thorough study of Ripple’s standards by New York Financial Watchdog.
Ripple has got several millions of investment from Santander and came up with a new protocol designed to increase transactions efficiency.
The Royal Bank of Scotland is going to invest in the Ripple technology as part of the its transaformation plan.
FinCEN Director Jennifer Shasky Calvery spoke at the annual West Coast Anti-Money Laundering Forum and discussed the bureau’s ongoing work in the digital currency space.
The Financial Crimes Enforcement Network (FinCEN) assessed a $700,000 civil money penalty yesterday against Ripple Labs Inc for ‘willfully violating several requirements of the Bank Secrecy Act (BSA).’