Ripple, a leading provider of enterprise blockchain and crypto solutions, announced Thursday that it had bagged full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE).
The SEC believes ether trades as a commodity, Fox Business reports, and the agency is trying to determine if it can make that case with XRP.
Dubai has officially approved Ripple for regulated crypto services, allowing the blockchain payments company to operate within the Dubai International Financial Centre (DIFC).
The U.S. Securities and Exchange Commission (SEC) says it needs additional time to decide on the crypto investment manager Grayscale's proposal to launch an XRP exchange-traded fund (ETF).
The price of the third largest cryptocurrency, XRP, is showing some pretty positive action today, rising nearly 4% over the course of the trading session. Considering that this comes amid Bitcoin's rejection of the 200-day moving average and the price of the major cryptocurrency losing as much as 2.5%, the strength in XRP and increased buying activity is evident.
TL;DR Ripple has obtained a license to operate in the Dubai International Financial Centre (DIFC), making it the first blockchain-based payment company to receive authorization from the Dubai Financial Services Authority (DFSA).
Bitcoin, Ethereum, and XRP maintain their gains after a highly volatile session driven by the latest U.S. CPI report. The inflation data showed a slight decline, fueling expectations that the Federal Reserve may pivot sooner than expected.
It is not every day that 200 million XRP - that is about $457.39 million - disappears from a Ripple wallet and mysteriously reappears somewhere. But that is exactly what happened today, when Whale Alert spotted it and sent the crypto community into a whirlwind of speculation, questions and theories.
The competition for an XRP exchange-traded fund (ETF) is heating up as Franklin Templeton, a major Wall Street firm managing about $1.5 trillion in assets, moves forward with its application.
The cryptocurrency space is whizzing with opportunities, and Ripple (XRP) and Solana (SOL) have been frontrunners in capturing investor interest. Both tokens have carved out their places as reliable assets with strong use cases. But while these projects shine in their own right, a new player is positioning itself as the ultimate game-changer.
Franklin Templeton has filed to launch an exchange-traded fund based on Ripple's XRP, joining Bitwise, Canary Capital, and others in the XRP ETF race. Franklin Templeton has filed to launch Ripple (XRP) ETFs, tracking its spot price minus fees.
An address associated with Ripple Labs has transferred $457 million XRP to an unknown wallet in a potential market-shifting move. While the movement has piqued the curiosity of analysts, there is speculation that it is connected to an SEC settlement.
The cryptocurrency market is showing signs of recovery, with Bitcoin trading above $83,000. As Ethereum's value plummets by 60%, Solana rivals are gaining attention.
In a possible turning point for the XRP lawsuit, Fox Business journalist Eleanor Terrett reported on Wednesday that the US Securities and Exchange Commission (SEC) and Ripple might soon reach an agreement. “Two well-placed sources tell me that the SEC vs.
TL;DR Franklin Templeton seeks to expand its crypto offerings with the filing of an XRP-based ETF, reflecting the growing institutional interest in digital assets beyond Bitcoin and Ethereum. The XRP ETF will be listed on the CBOE BZX Exchange and will have Coinbase Custody as the asset custodian, providing greater accessibility for traditional investors.
The long-running legal battle between Ripple and the SEC may finally be reaching its end—but not in the way many expected. While both sides have fought for years, a recent discussion among legal experts suggests that a quiet settlement may already be in place, keeping the details hidden from public view.
The long-running legal tussle between Ripple and the US Securities and Exchange Commission (SEC) is dragging into overtime. The case is reportedly getting into a last-minute fight as both parties should be deciding over the terms.
Wall Street analysts have raised their recession predictions, a move that may affect Bitcoin and other popular altcoins like Shiba Inu, Dogecoin, Ripple, and Cardano.
Pro-XRP lawyer John Deaton has stated that it's irresponsible for financial advisors to recommend zero exposure to Bitcoin given the current prices.
Regulatory green light sets the stage for blockchain payment growth in the Middle East.
The crypto market remains volatile, with the Pepe coin price crashing by over 75% from its highest level in December last year. This decline is happening as recession risks rise and the crypto fear and greed index remains in the red.
Ripple (CRYPTO: XRP) on Thursday announced it has secured authorization from the Dubai Financial Services Authority (DFSA) to deliver regulated cryptocurrency payment services within the Dubai International Finance Centre (DIFC), becoming the first entity of its kind to achieve this status in the region. What Happened: The decision comes as Ripple navigates a potential resolution to its long-standing legal battle with the U.S. Securities and Exchange Commission.
Chinese crypto journalist that covers everything to do with the blockchain and cryptocurrency spheres, Colin Wu, has reported that the CBOE BZX exchange based in Chicago has filed a submission to the SEC on behalf of Franklin Templeton to trade its XRP exchange-traded fund.
Ripple has received approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments and services in the UAE. This milestone makes Ripple the first blockchain-powered payments provider licensed by the DFSA.
Ripple has secured its first regulatory approval for payment services in the Middle East from the DFSA. With this license, Ripple becomes the first blockchain-based payment provider authorized to operate within the DIFC.
With on-chain metrics showing a 90% decline in payment volume, the recent market activity surrounding XRP has certainly been worrisome. Its short-term outlook is further clouded by the fact that this sharp decline occurs during a time of price volatility for the asset.
This marks a significant milestone in the growing trend of crypto ETFs. It could also pave the way for more traditional financial institutions to embrace digital assets.
XRP is currently trading at $2.27 to $2.32 over the past hour, with a market capitalization of $131 billion and a 24-hour trading volume of $4.82 billion, moving within an intraday range of $2.14 to $2.
Binance CEO Richard Teng on Thursday expressed optimism that the pro-cryptocurrency policies introduced by U.S. President Donald Trump will inspire a wave of similar regulatory shifts worldwide. What Happened: Speaking at the CONVERGE LIVE event in Singapore on Thursday, Teng highlighted a dramatic change in the global financial landscape, noting that the United States, the world's largest economy, is now openly supporting digital currencies after years of regulatory uncertainty and skepticism under the previous administration.
The move signals growing institutional interest in diversifying crypto investment options, potentially boosting XRP's market legitimacy. The post Cboe files 19b-4 form for XRP spot ETF from Franklin Templeton appeared first on Crypto Briefing.
Ripple has secured regulatory approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments and services within the Dubai International Finance Centre (DIFC). Announced on March 13, 2025, this authorization makes Ripple the first blockchain-enabled payments provider to obtain a license from the DFSA.
XRP price has recorded a surge of over 4% today, indicating a positive momentum hovering in the broader crypto market. Besides, a flurry of recent market trends indicates that Ripple's native asset might continue its rally in the coming days.
"The SEC itself is seemingly unsure whether any wrongdoing occurred," one popular journalist stated.
It has been years of back and forth, and Ripple and the SEC are still locked in a battle, though the end might finally be in sight. Reports suggest the case is wrapping up, but not because of a decisive court ruling.
Amidst the intense rivalry between Bitcoin and XRP enthusiasts, Ripple lawyer John Deaton endorsed Bitcoin, foreseeing its bright future. Citing influential US officials' BTC promotion, Deaton highlighted its potential that should not be ignored.
With its new Dubai license, Ripple is poised to tap into the UAE's thriving $40 billion cross-border payments market.
As Bitcoin (BTC) price attempts to follow gold price action in a bullish outlook, Ripple Labs' XRP has signaled early signs of imminent parabolic growth in the near future. The large-cap altcoin, with a fully diluted valuation of about $224 billion and a 24-hour average trading volume of around $4.
Ripple has reached a major regulatory milestone with the approval of its license by the Dubai Financial Services Authority (DFSA), becoming the first blockchain payment company to gain such recognition.
Ripple Labs secured license from the Dubai Financial Services Authority (DFSA), becoming the first blockchain-based payments provider authorized to offer regulated XRP payment in the UAE.
Assessing XRP price targets as Ripple case nears a settlement.
The crypto market today, March 13, 2025, shows a slight price gain after the recent data showed that US inflation is cooling. Investors are now hopeful that the Fed will adopt a dovish monetary policy, which could drive demand for risk assets.
On March 13, 2025, San Francisco-based blockchain technology firm, Ripple, secured a groundbreaking regulatory approval from the Dubai Financial Services Authority (DFSA).
XRP surges 18% to $2.24 amid Fed rate pause expectations and reports of the SEC lawsuit nearing resolution.
Ripple said the UAE market has high demand for efficient settlement measures and potential for stablecoin adoption.
A new XRP price forecast has emerged, offering insights into the cryptocurrency's next bearish move. A crypto analyst who previously predicted XRP‘s crash below $2 has provided a more comprehensive outlook, outlining key support and resistance areas that will determine XRP's next target.
It's shaping up to be another volatile year for XRP (XRP 1.19%), with its price soaring to more than $3.20, only to crash to about $2.15, where it is now, with even lower prices potentially in store. Some investors are probably concerned that it could go to $1 in the next few months.
Ripple secured full regulatory approval from the Dubai Financial Services Authority (DFSA) to provide cross-border crypto payment services in the UAE.
The crypto company obtains the DFSA license to operate in the DIFC.