Ripple gains final NYDFS approval for its RLUSD stablecoin. Ripple hasn’t specified a launch date but says the listing will begin soon. Ripple’s CEO cautioned against fake RLUSD tokens.

Tether has repeatedly claimed that USDT is regulated, but in the case of RLUSD, Ripple has specifically mentioned that the RLUSD has been approved by the NYDFS. Garlinghouse's confirmation ...

The breaches occurred between November 2020 and April 2021, exposing the personal information of over 120,000 New Yorkers. The companies were criticized for not conducting comprehensive reviews of ...

NYDFS introduced a new regulation, NEW 3 NYCRR 120, Compliance with Banking Law Section 28-bb, which would require nonbank ...

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Schwartz said that the price of RLUSD will stabilize near $1 as supply and demand equilibrate. Ripple has received NYDFS regulatory approval, ensuring compliance for operating in New York. He pointed ...

"This just in…we have final approval from NYDFS for RLUSD! Exchange and partner listings will be live soon," Garlinghouse wrote in a post on X dated Tuesday. RLUSD marks Ripple's first foray ...

Ripple Labs’ RLUSD stablecoin has been approved by the New York Department of Financial Services (NYDFS), according to CEO Brad Garlinghouse. He announced the regulatory greenlight on Dec. 10 ...

Ripple's $RLUSD is launching Tuesday, and as the crypto community waits for the new stablecoin to go live, $XRP is also celebrating the milestone, surging over 7% overnight.

The stablecoin received final approval from the New York Department of Financial Services (NYDFS) on Dec. 10 and is fully backed by U.S. dollar deposits, government bonds, and cash equivalents.

Bitcoin hit a huge milestone, closing above $100K for the first time, though volatility and $1.8 billion in total crypto liquidations shook the market. BlackRock’s IBIT made headlines with a massive ...