Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. Released in 2012, Ripple is built upon a distributed open source protocol, and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes.
Source: ripple.com
A new court ruling has reportedly dampened a recent court victory for the cryptocurrency industry. U.S. District Judge Jed Rakoff ruled Monday (July 31) that cryptocurrencies are considered...
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