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08 March 2021

Ripple Optimistic of a Speedy Resolution of MoneyGram Tiff

Ripple Optimistic of a Speedy Resolution of MoneyGram Tiff


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Ripple has released a statement after MoneyGram stepped back from its partnership with the blockchain ledger provider because of woes with the Securities and Exchange Commission.

Still,Alex Holmessaid his company pulled off the Ripple platform this year in using “an abundance of caution” while Ripple deals with SEC allegations about the XRP token.

The SEC is questioning whether the XRP token is a security that should face more regulation or if it is open-source, as Ripple describes it, making its price correlate more with bitcoin or Ether.

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