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Ripple Applied For Licenses in UK and Ireland Ripple announced plans last year to expand to other European countries, especially the UK and Ireland amid the long-running case against the US SEC. advertisement After Judge Analisa Torres’ landmark decision in the US SEC v. Ripple Labs lawsuit, Ripple seeks approval of licenses in the UK and Ireland as XRP isn’t a security. Judge Torres ruled that sales of XRP to institutions are securities as these are investment contracts, but the XRP token itself is not a security. Sendi Young, managing director Of Europe for Ripple , said the decision was a huge win and positive for Ripple ’s overall growth and success. “We are in the process of applying for our crypto asset registration in the UK and our payments licence in Ireland. These are all massive investments with a view that we are going to continue growing exponentially in this region.” Recommended Articles ...

Ripple May Still be Liable for Damages Taking to Twitter, top media personality and Fox Business Network’s Senior Correspondent, Charles Gasparino sent a message to the members of the Ripple community he called “ XRP pumpers”.  advertisement He noted that while Ripple may be celebrating the positive disposition in the Summary Judgment (SJ) which detailed that XRP is not an investment security, the blockchain payments firm will still need to pay some money, probably as a fine on the part of the case it loses, if any. Gasparino said that he has interviewed a lot of securities lawyers with respect to the XRP lawsuit, and none believe the part the company won stands on appeal. Hate to break it to the XRP pumpers: @Ripple will be paying money on the part of the case it lost; plus there isn’t a securities lawyer I’ve interviewed who thinks the part they won stands on appeal. https://t.co/uzLDDZ1IF1 Recommended ...