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Wirex to exclude XRP from its US launch in wake of SEC lawsuit

Quick Take Wirex will not include XRP in a US version of the app when it launches in January. Ziglu has decided to suspend XRP trading as of January 12 A handful of crypto wallet firms in the UK are contemplating whether to prevent millions of customers from trading XRP. Subscribe to The Block to Unlock this Feature

Cannabis Global Announces Metrc API Integration for Comply Bag(TM) Cannabis Transport System - Targets Growing National Cannabis Market in 2021

Press release content from Accesswire. The AP news staff was not involved in its creation. Cannabis Global Announces Metrc API Integration for Comply Bag(TM) Cannabis Transport System - Targets Growing National Cannabis Market in 2021 December 29, 2020 GMT Cannabis Global Announces Metrc API Integration for Comply Bag™ Cannabis Transport System - Targets Growing National Cannabis Market in 2021 LOS ANGELES, CA / ACCESSWIRE / December 29, 2020 / Cannabis Global, Inc. (the “Company”) (OTC PINK:CBGL), an innovation-oriented company investing in disruptive cannabis and hemp-related technologies, today announces a significant enhancement to its upcoming Comply Bag™ Cannabis Transport System via the addition of a fully integrated application that will allow shippers and receivers to track, monitor and confirm important aspects of cannabis shipments. Comply Bag’s unique app design will integrate with its API (Application Programming interface) published by Metrc, the most trus

Litecoin surpasses XRP in market cap amid Ripple s SEC lawsuit

CoinMarketCap.  XRP dropped following a lawsuit by The U.S. Securities Exchange Commission on both the founder and current Ripple CEO for raising more than $1.3 billion through an “unregistered securities offering” after selling the ‘ XRP’ token. Since the news about the lawsuit went public on December 22nd, the market capitalization has dropped by about 64% from $23 billion.   Cryptocurrency ranking based on market capitalization. Coinmarketcap.com. Timestamp: December 29th, 11:00 AM (GMT−5) Before the lawsuit announcement, XRP, like other digital currencies, has spiked in value this year as major investors and companies have continued to adopt cryptocurrencies led by Bitcoin. Before Ripple’s legal woes, XRP’s price had surged by around 140% year-to-date.  The asset is currently trading at $0.17.

Chevron faces disruptive battle over Ecuadorian damages award

Former SEC Commissioner says Ripple lawsuit will cause multi-billion dollar losses to innocent third parties

December 23, 2020, 10:14PM EST  ·  3 min read The price of XRP has been in a tailspin since news broke that the Securities and Exchange Commission would sue Ripple for conducting an initial coin offering of the digital asset.  In the wake of the suit, which Ripple has described as an affront to the entire cryptocurrency market, a number of firms have begun cutting services tied to XRP, which Ripple has tried for years to get banks to adopt. The suit was released just a day before SEC chairman Jay Clayton announced he would resign. Now, a former commissioner of the regulator is crying foul, describing the suit as unprecedented, given the upcoming change in power among the SEC s top ranks and presidential administration next month. In a letter to Clayton obtained by The Block, former SEC commissioner Joseph Grundfest said: no pressing reason compels immediate enforcement action.

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