Ripple Recognized for Modernizing Cross-Border Payments
Ripple, the crypto firm behind XRP, has been included in this year’s Fintech 100 list for its efforts in modernizing cross-border payments. The company was recognized alongside other innovators in the field such as Nium, Tazapay, Terrapay, and Thunes.
The XRP community has shown excitement about the news, with many believing that this recognition will lead to further advancements for Ripple.
Legal Victory Against the US SEC
Ripple’s inclusion in the Fintech 100 list coincides with a major legal victory against the US Securities and Exchange Commission (SEC). A US federal judge dismissed the regulator’s intentions to appeal the ruling from July, which stated that Ripple’s XRP sales were not considered investment contracts.
The trial date for the ongoing lawsuit between Ripple and the SEC is set for April 23, 2024.
Ripple’s Inclusion in Other Prestigious Lists
Ripple has also received recognition from Fortune Magazine, ranking 13th out of 50 as “the best workplace in technology” for 2023. Additionally, the company was listed among the “100 Companies Who Care For Employees And Society,” alongside notable names like Cisco, American Express, Master Card, and Deloitte.
Hot Take: Ripple’s Continued Success and Recognition
Ripple’s inclusion in prestigious lists such as the Fintech 100 and Fortune Magazine’s rankings highlights its ongoing success and recognition within the crypto and fintech industries. With its efforts to modernize cross-border payments and its legal victory against the SEC, Ripple continues to solidify its position as a leading blockchain enterprise. As it moves forward with its lawsuit, the outcome of the trial will have significant implications for both Ripple and the broader crypto community.
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