Ripple Financial News

UAE Government has published a detailed discussion paper that calls for a decisive and coordinated international response to the urgent threat of global water scarcity. Entitled 'Ripple Effect Water Scarcity — The Hidden Threat to Global Security and Prosperity', the discussion paper examines global water scarcity and its main causes, highlights various implications of water scarcity already evident in parts of the world, and identifies a range of potential solutions to this rapidly worsening issue. Published by the UAE's Ministry of Foreign Affairs on the sidelines of the General Debate of the United Nations General Assembly in New York, the discussion paper is intended to serve as a global call to action and an open invitation to members of the international community to work together in new ways to address the emerging challenge of global water scarcity. Announcing the publication of the report, Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs, said: «Concerned by the growing problem of water scarcity and the severe risks that it poses to the world, the United Arab Emirates has published a discussion paper today that aims to contribute to the development of a coordinated international response to this issue and the forging of new models for effective cooperation to address this multifaceted threat to global security and prosperity.» The discussion paper stresses that according to certain metrics, four billion people around the world currently experience water scarcity at least one month per year, with this figure expected to grow in the years ahead.

The XRP price has risen by 1% in the past 24 hours, with its move to $0.523743 coming as the cryptocurrency market as a whole increases by just over 3% today.

Congress is on the brink of a government shutdown, and many Americans are left wondering about the potential consequences. In this guide, we explore what a government shutdown entails and how it could affect various aspects of daily life.

The National Bank of Georgia (NBG) has shortlisted nine companies to compete as technology partners for the nation's central bank digital currency (CBDC) project dubbed Digital GEL.

The cancelled deal comes one day after news broke that $15 million of Fortress Trust customer’s digital assets were stolen. The theft was later blamed on Retool, a third party vendor that was victim to a phishing attack.

XRP has bounced by 2% in the past 24 hours, with its price rising to $0.509501 as the wider crypto market records a similar gain in the same space of time.

In a surprising turn of events, Ripple CEO Brad Garlinghouse announced today that the financial technology firm will not proceed with its previously planned acquisition of Fortress Trust, a Nevada-licensed financial services provider. 

Within 20 days of announcing the acquisition of Fortress Trust to allegedly expand its pool of licenses in the United States, financial technology firm Ripple is pulling out of the deal. 

Fireblocks, the crypto company backed by Sequoia Capital and Coatue Management, has acquired BlockFold, a Melbourne-based startup that helps financial institutions build blockchain-based systems, people with knowledge of the matter said.

The XRP price has risen by 0.5% in the past hour, with its jump to $0.502420 coming as the altcoin's 24-hour trading volume almost doubles that of its nearest rival in terms of market cap, BNB.

Lauren Belive, a former official with the White House’s Office of Legislative Affairs and policy director with the United States House Committee on Rules, has joined crypto firm Ripple as its head of U.S. public policy and government.

The United Kingdom is “a home for financial and technological innovation,” according to Chris Larsen, co-founder and executive chairman of US fintech and blockchain firm Ripple.

The XRP price has climbed back above the all-important $0.50 level today, with its rise to $0.501776 representing a 1.5% gain in 24 hours and a 6% increase in the past fortnight.

SBI Remit, part of Asian fintech powerhouse SBI, has been tapping Ripple for its international money transfer service since 2017.In 2021 it began using XRP as a bridge between two fiat currencies to perform cross border remittances from Japan to a digital wallet in the Philippines. From this month, the effort will be expanded to bank accounts in the Philippines, Vietnam, and Indonesia.

Khalistani separatist on Canadian soil. In a letter to Union Commerce Minister Piyush Goyal, the Chamber of Trade and Industry (CTI) said that there was a need to exert economic pressure on Canada. A growing dispute between India and Canada has erupted following allegations made by Canadian Prime Minister Justin Trudeau over the killing of Khalistani separatist Hardeep Singh Nijjar. Chairman of CTI, Brijesh Goyal, said that the development has sent ripples through the business world.

The XRP price has dropped to $0.494065 today, representing a 3% fall in the past 24 hours for the fifth-biggest cryptocurrency by market cap.

Starting today, Mint’s Plain Facts section will bring out a monthly update on key global economic data to thread together the biggest developments that are worth paying attention to. The accompanying analysis and charts will explain how each story is creating ripples in the global markets, where it is headed in the coming weeks, and how it could possibly impact India. In September, rising oil prices, China’s economic slowdown, and a possible US government shutdown are leading the news.

New Jersey car dealership owner Tom Maoli says the UAW strike could disrupt the auto supply chain causing a ripple effect throughout the U.S. economy on Cavuto: Coast to Coast.

XRP has overtaken USDC as the fifth-biggest cryptocurrency in the world in terms of market cap, with the altcoin's price rising by 2.5% in the past week.

As crypto markets rapidly shift between quick narrative plays and on-chain moon-shots, Bitcoin BSC is quickly emerging as a promising new contender, catching the attention of eagle-eyed investors worldwide. 

Investing.com-- Most Asian stocks moved in a flat-to-low range on Friday as markets continued to fret over rising interest rates, while Japan’s Nikkei tumbled amid uncertainty before a Bank of Japan meeting.