Ripple and the SEC Move Closer to a Settlement to End Their Long-Running Legal Dispute
TL;DR Ripple and the SEC are seeking to close their legal dispute with a settlement that includes a final $50 million fine and the return...
Ripple is a global cross payments system created in 2012 by Ripple Labs. Its main advantage is allowing transfers to any part of the world in just a few seconds and with minimal costs.
The founders of the Ripple project were Jed McCaleb and Ryan Fugger.
Currently there are several banks that use and collaborate with Ripple, such as Banco Santander, Fidor Bank in Munich or Cross River Bank and CBW Bank in the United States, among others.
The latest news about Ripple and its cryptocurrency XRP in The Cryptocurrency Post.