• About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
Tuesday, March 21, 2023
  • Login
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Altcoin
    • Stablecoin
    • Press Release
  • Blockchain
  • Business
  • Market Analysis
  • Live Price
  • ICO News
  • Regulation
  • Guide
  • Trading
No Result
View All Result
Crypto Reception
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Altcoin
    • Stablecoin
    • Press Release
  • Blockchain
  • Business
  • Market Analysis
  • Live Price
  • ICO News
  • Regulation
  • Guide
  • Trading
No Result
View All Result
Crypto Reception
No Result
View All Result
Home Ripple

Ripple Will Go Public After The SEC Lawsuit Ordeal Is Completed

May 27, 2021
in Ripple
Reading Time: 3 mins read
0
ripple will go public
Share on FacebookShare on TwitterShare on RedditShare on Whatsapp


Ripple will go public after the entire SEC lawsuit ordeal is completed as Brad Garlinghouse said during a Consensus 2021 conference which we read more about in our latest Ripple news.

Garlinghouse confirmed that Ripple will go public after the SEC lawsuit and said that the lawsuit will probably be settled. During another interview, Garlinghouse said that XRP is a zero inflationary token, unlike BTC and ETH. Speaking at the event, Ripple’s CEO said the company looked into options for how it could become public in 2020 but the SEC’s allegations that it had conducted an unregistered security offering stopped all plans.

Ripple still intends to head down the road again once the lawsuit is closed and so far, the company registered a few minor wins as the court ordered the commission to provide documents on ETH and BTC and disallowed the agency from getting access to personal financial records of Ripple executives. Garlinghouse said:

“The likelihood that Ripple is a public company is very high at some point.”

A month before Garlinghouse explained this, the CEO of SBI Group Yoshitaka Kitao who is also among the biggest partners for Ripple, said that the payment processor will go public after the SEC lawsuit. During another interview with CNBC, Garlinghouse commented on Ripple’s inclusion in the top 50 disruptors list companies and claimed that the XRP token has a few major benefits over ETH and BTC. For example, he noted that transfers with Ripple’s native digital asset are much cheaper and faster and also talked about the growing concerns about BTC’s carbon footprint and indicated that XRP doesn’t have that problem.

square's copa, lawsuit, wright, craig, bitcoin

Moreover, he said that all of the XRP tokens have been created already so tehre is zero inflation dynamic. He admitted that the payment processor owns a huge portion of the token but the consensus algorithm prevents it from creating even more coins. At the same time, BTC has a maximum supply of 21 million coins that exist but not all of them are minted yet so the inflation is slashed in half every four years but new coins are stil being generated. ETH works similarly but has no limited supply.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]



Source link

Related articles

Ripple XRP

XRP Try To Break Consolidation At $0.4 To Conquer New Levels

January 27, 2023
XRP Transactions Skyrocket In Australian Top Exchanges

XRP Transactions Skyrocket In Australian Top Exchanges

January 20, 2023
Share2Tweet1ShareSend

Related Posts

Ripple XRP

XRP Try To Break Consolidation At $0.4 To Conquer New Levels

January 27, 2023
0

XRP bulls are trying to ride the wave along with Bitcoin to reclaim previously lost territory. The bulls are...

XRP Transactions Skyrocket In Australian Top Exchanges

XRP Transactions Skyrocket In Australian Top Exchanges

January 20, 2023
0

Ripple has reached a new milestone in Australia with its native token, XRP, recording the highest trading volumes on...

Whales Move Billions Of XRP Following Price Spike

Whales Move Billions Of XRP Following Price Spike

January 17, 2023
0

The broader cryptocurrency market has seen improvement in investor sentiment in the last weeks, and so has XRP. Even...

XRP Price Goes Upward With Increasing Whales Activity

XRP Price Goes Upward With Increasing Whale Activity

January 13, 2023
0

The crypto market is still facing a declining effect from the raging crypto winter, but  XRP is faring on...

Ripple CTO Advises Selling Flare (FLR) Tokens, Raises Serious Allegations

January 12, 2023
0

Ripple CTO David Schwartz voiced harsh criticism against the Flare Network in a series of tweets today. After more...

Load More
  • Trending
  • Comments
  • Latest
Cryptanalysis project Toon Finance Coin will bring larger returns than DOGE & SHIBA INU in 2023 | NewsBTC

Cryptanalysis project Toon Finance Coin will bring larger returns than DOGE & SHIBA INU in 2023 | NewsBTC

December 17, 2022
Crypto Academy CEO Granit Mustafa: blockchain will “redefine digital finance”

Crypto Academy CEO Granit Mustafa: blockchain will “redefine digital finance”

September 23, 2022
Crypto inflows

Exchange Inflows Ramp Up As Crypto Investors Clamor To Exit Market

June 14, 2022
Twitter Begins Massive Layoffs — Elon Musk Says 'No Choice' Citing $4M Loss per Day

Twitter Begins Mass Layoffs — Elon Musk Says ‘No Choice’ Citing $4M Loss per Day – Featured Bitcoin News

November 6, 2022
Elon Musk, Peter Schiff, Bill Ackman Warns US Fed and FDIC Ahead Of FOMC Rate Hike

Elon Musk, Peter Schiff, Bill Ackman Warn US Fed and FDIC Ahead Of FOMC Rate Hike

0
Floyd Mayweather – Boxing Champion Promoted an ICO

Floyd Mayweather – Boxing Champion Promoted an ICO

0
Cannabis Industry Going Crypto | CryptoPost

Cannabis Industry Going Crypto | CryptoPost

0

Why South Korea Decided To Ban ICOs?

0
Elon Musk, Peter Schiff, Bill Ackman Warns US Fed and FDIC Ahead Of FOMC Rate Hike

Elon Musk, Peter Schiff, Bill Ackman Warn US Fed and FDIC Ahead Of FOMC Rate Hike

March 21, 2023
crypto stocks Bitcoin price

Amid Bitcoin Price Rally, BTC Funds See Major Outflows, This Cohort Is Booking Profits

March 21, 2023
afip argentine tax authority

Argentine Tax Authority AFIP Detects Irregularities in 184 Digital Wallet Tax Statements – Taxes Bitcoin News

March 21, 2023
fed crypto bitcoin

Tuesday’s Fed Meeting to Decide the Next Movement in Bitcoin (BTC) Price

March 21, 2023

Recommended

Microstrategy’s BTC Accounting Method Gets Rejected By The SEC

Microstrategy’s BTC Accounting Method Gets Rejected By The SEC

January 22, 2022
New York Mayor-Elect Plans for Schools to Teach Crypto, Sees Bitcoin as New Way of Paying for Goods and Services

NYC Mayor-Elect Wants Schools to Teach Crypto, Says Bitcoin Is New Way to Pay for Goods and Services – News Bitcoin News

November 9, 2021
Cardano ada

ADA To Rebound With Integration Of USDT And USDC On Cardano?

April 15, 2022
Biden Vows to Veto House Republicans' 'Fair Tax Act' Proposing Elimination of IRS

Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS – Bitcoin News

January 13, 2023

Recent News

Elon Musk, Peter Schiff, Bill Ackman Warns US Fed and FDIC Ahead Of FOMC Rate Hike

Elon Musk, Peter Schiff, Bill Ackman Warn US Fed and FDIC Ahead Of FOMC Rate Hike

March 21, 2023
crypto stocks Bitcoin price

Amid Bitcoin Price Rally, BTC Funds See Major Outflows, This Cohort Is Booking Profits

March 21, 2023

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Business
  • Ethereum
  • Guide
  • ICO News
  • Litecoin
  • Market Analysis
  • Press Release
  • Regulation
  • Ripple
  • Stablecoin
  • Trading
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions

CryptoReception © 2021 All rights reserved

No Result
View All Result
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Altcoin
    • Stablecoin
    • Press Release
  • Blockchain
  • Business
  • Market Analysis
  • Live Price
  • ICO News
  • Regulation
  • Guide
  • Trading

CryptoReception © 2021 All rights reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.