As discussed in the first of this three-part series, progressive regulation has helped the digital asset market thrive in countries like Japan. This is despite setbacks, such as the Mt Gox hack, that had many people calling for an outright ban. Like Japan, Thailand’s Central Bank, the Bank of Thailand...
If you’ve ever had to send money abroad, then you know the process is frustrating. It’s expensive, slow and you often don’t know when, or even if, your money arrived. The cross-border payments infrastructure is antiquated and broken. It’s a system that was built when disco still topped the charts,...
Welcome to the sixth episode of The Ripple Drop, a web video series covering the latest news about our customers, technology, products and culture. We’re getting deep into Ripple tech this month. First we talk to SVP of Product Asheesh Birla about RippleNet’s three different products and how they work...
By Cory Johnson & Miguel Vias Ripple sells $163 million in XRP amidst rising volatility and volume in Q3 2018 Ripple sales accounted for 0.43 percent of global XRP volume Three billion XRP released out of cryptographic escrow, 2.6 billion XRP returned to escrow Wall Street firms take early steps towards providing institutional...
In a keynote capping off Money20/20 USA 2018, Ripple Executive Chairman and Co-Founder Chris Larsen sat down for a fireside chat with Arjan Schütte, the Founder and Managing Partner of Core Innovation Capital. Larsen reflected on his experience as both an entrepreneur and a business leader as he offered perspectives...
Ripple CTO David Schwartz participated in a spirited debate yesterday at Money 20/20 USA. The moderator Tony Hayes asked him and his opponent, Esther Pigg, the SVP of Product Strategy at FIS Payments, to address the question: Will Blockchain Replace Today’s Payments System? Schwartz’s argument for the “pro” side was...
Ripple’s executives are on stage in force at this year’s Money20/20 USA to talk about improving global payments with blockchain and digital assets, and how these technologies can bring new value to businesses and consumers around the world. Specifically, Executive Chairman and Co-founder Chris Larsen, Chief Technology Officer David Schwartz,...
Establishing new connections on RippleNet was a critical priority at Swell 2018. While matchmaking between customers at the event inspired potential new corridors in real-time on the ground, stories of current customer success across RippleNet were in the spotlight on stage. InstaReM and BeeTech worked on opposite sides of the...
In 2014, one of the world’s biggest Bitcoin exchanges, Mt Gox, filed for bankruptcy after the theft of more than $460m of Bitcoins. With investors losing such a large amount of money, the nascent digital asset market looked under threat. Many policymakers saw it as a sign that trading...
Nostro accounts are both the backbone and the bane of international banking. They are the providers of liquidity; accounts that large financial institutions hold in local market currencies on each side of a transaction to facilitate a payment. Without them, international payments would slow to a crawl. However, nostro accounts...