In our “Ripple” section, we cover news and developments related to the Ripple network and the XRP cryptocurrency. Here you will find updates on Ripple technology, partnerships, regulatory issues, and factors influencing the XRP market. Read the “Ripple” section on ForkNews to stay informed about the Ripple ecosystem.
Crypto hedge fund Arrington XRP Capital, led by renowned tech personality Michael Arrington, recently reported that its $100 million portfolio is only 3-4% XRP.
California-based Stellar has received certification from the Shariyah Review Board, which allows it to integrate blockchain technology into Shariah-compliant financial products. Thus, the company is expanding its activities into the growing markets of the Middle East and Southeast Asia.
Ripple Senior Vice President of Product Ashish Birla said the biggest risk the company faces today is regulation. In this regard, Ripple has assembled a large team of lawyers specializing in regulatory issues, which will ensure that the company's acquisition of new clients is not hampered by ill-conceived executive decisions.
It seems that Ripple CEO Brad Garlinghouse has kept his promise to users in March, and the company is actively developing not only various technologies like xRapid and xVia, but also increasing the liquidity of the altcoin.
According to Western media reports, Ripple Labs - the official name of the company behind XRP and xCurrent - have become participants in another judicial investigation on suspicion of securities fraud.
Kotak Mahindra, a large private bank in India, recently joined RippleNet, Ripple's blockchain, to facilitate domestic money transfers. Specifically, Kotak will use xCurrent software to provide end-to-end tracking of instant payments and settlements across the RippleNet network.
On the last day of the Money 20/20 Europe Fintech conference, Brad Garlinghouse, CEO of Ripple, gave a television interview about Ripple, XRP, Bitcoin and more.
American Express or AMEX is an international financial services company. The company is estimated to be worth $33 billion and has more than 50,000 employees. Essentially, this is a payment giant company. Ripple recently posted an article on their news portal regarding AMEX.
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