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News by FinTech Collective Archive

Ripple Labs joins stablecoin rush amid crypto market revival

Jack Storrs

April 5, 2024

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Jack Storrs

Ripple Labs, the cryptocurrency group accused of selling unregistered securities, is to launch a stablecoin as a revival in the price of bitcoin draws investors back to the digital asset market.

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"[On the other hand,] last month the SEC filed for $2b in penalties from Ripple for selling unregistered securities."

https://www.ft.com/content/0b2eadcf-b3b8-40c0-922a-a1abf7f5f15e

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