ChainCatcher news, Arif Amiri, CEO of the Dubai International Financial Centre (DIFC), stated that Ripple has received full regulatory approval from the Dubai Financial Services Authority (DFSA) to provide cross-border crypto payment services in the United Arab Emirates (UAE). The company announced on March 13 that it has obtained its DFSA license, allowing it to operate in the Dubai International Financial Centre (DIFC). DIFC is a free economic zone in the UAE with its own tax policies and regulatory framework. This announcement comes nearly six months after the company announced it had received in-principle approval for the DFSA license. On October 1, 2024, Ripple revealed that it is working to obtain DFSA licensing in order to launch its digital asset infrastructure in the UAE.

ChainCatcher news, according to Forbes business reporter Eleanor Terrett, the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple is in its final stages and may conclude soon.According to two insiders, the delay in reaching an agreement is due to Ripple's legal team negotiating the terms of last August's district court ruling, hoping to secure more favorable conditions.The ruling imposed a $125 million fine on Ripple and permanently prohibited it from selling XRP to institutional investors. Insiders indicate that Ripple believes if the new leadership at the SEC is clearing the enforcement records for all previously investigated cryptocurrency companies, then why should Ripple still be penalized. Accepting Judge Torres's ruling would essentially mean Ripple acknowledges wrongdoing, while now the SEC itself seems uncertain whether any violations occurred.

ChainCatcher news, according to on-chain detective ZachXBT, a forfeiture lawsuit document submitted by U.S. law enforcement yesterday revealed the reason behind Ripple co-founder Chris Larsen's approximately $150 million (283 million XRP) theft incident in January 2024. The incident stemmed from Larsen storing his private key in the LastPass password manager, which suffered a data breach in 2022.The document shows that after the victim entered the cryptocurrency wallet private key into the online password manager, the physical record of the private key would be immediately destroyed. The password manager experienced two major data breaches in August and November 2022, during which attackers stole encrypted passwords and vault data. An FBI investigation found that this stolen data was used to illegally access the electronic accounts of multiple victims, stealing information, cryptocurrency, and other data.

ChainCatcher news, Ripple executives including CEO Brad Garlinghouse and Chief Legal Officer Stu Alderoty proposed to President Trump to include SOL in the U.S. cryptocurrency reserve program to enhance the program's legitimacy within the crypto community.Sources say that Ripple aims to strengthen the position of XRP by advocating for a reserve program that includes multiple U.S. tokens.

ChainCatcher news, according to The Block, the National Cryptocurrency Association (NCA) was officially established on Wednesday, aiming to help Americans better understand the cryptocurrency industry through its consumer education platform. Ali Tager, Vice President of Communications at NCA, revealed to The Block that NCA was founded by the cryptocurrency company Ripple and is supported by Ripple with a two-year funding of $50 million. She stated, "However, the field of cryptocurrency is very broad, and we look forward to other companies in the industry joining NCA's efforts." She also encouraged companies interested in participating in the initiative to reach out proactively.Despite being founded by Ripple, NCA stated that it is not controlled by any single company, but rather provides resources for anyone who uses, holds, or wants to learn more about cryptocurrency. NCA also emphasized that it is not a political or lobbying organization, but focuses on supporting the awareness and education of cryptocurrency. To ensure that NCA provides independent and impartial cryptocurrency education, Tager explained that NCA is a registered 501(c)(4) nonprofit organization, accountable to the best interests of consumers rather than product revenue or profit margins. Such organizations are primarily dedicated to promoting social welfare causes but can also engage in political activities, such as lobbying and advocacy, as long as politics is not their primary purpose. They are also not required to disclose their donors. Later on Wednesday, Stuart Alderoty confirmed that he has joined NCA as Chairman while continuing to serve as Ripple's Chief Legal Officer. Alderoty stated, "NCA is not a political organization—it's open to everyone and not limited to specific projects or protocols."

ChainCatcher message, according to the statistics from the encrypted KOL "The Wolf of All Streets" on platform X regarding the latest list of attendees for the first White House cryptocurrency summit, in addition to the previously disclosed executives from several companies such as Coinbase and Robinhood, the latest confirmed attendees from the industry include Crypto.com CEO Kris Marszalek and Ripple CEO Brad Garlinghouse. Confirmed White House officials include Bo Hines (Executive Director of the President's Digital Asset Council), David Sacks (Head of AI and Cryptocurrency Affairs), Mark Uyeda (Acting Chair of the SEC), and Caroline Pham (Acting Chair of the CFTC).Unconfirmed attendees include: Cathie Wood (CEO of ARK Invest), Vitalik Buterin (co-founder of Ethereum), Jeremy Allaire (CEO of Circle), Paolo Ardoino (CEO of Tether), Anatoly Yakovenko (founder of Solana), and Marc Andreessen (co-founder of a16z, early investor in Ripple). Unconfirmed White House official attendees include Howard Lutnick (U.S. Secretary of Commerce), Scott Bessent (U.S. Secretary of the Treasury), and Pam Bondi (U.S. Attorney General).Previously, it was reported that Cardano co-founder Charles Hoskinson was not invited to the White House cryptocurrency summit on March 8.

ChainCatcher news, according to The Block, the cryptocurrency company Ripple has announced the establishment of the National Cryptocurrency Association (NCA) in the United States, which has received a two-year funding of $50 million aimed at helping Americans better understand the industry through its consumer education platform.NCA's Vice President of Communications, Ali Tager, stated that although the organization was founded by Ripple, it is not bound by any single company and will provide resources for anyone who uses, holds, or wants to learn about cryptocurrency. The NCA emphasizes that it is not a political or lobbying organization, but rather focuses on supporting cryptocurrency awareness and education.To ensure independence, the NCA is registered as a 501(c)(4) organization, accountable to the best interests of consumers rather than product revenues or profit margins. Tager stated, "We are actively listening to the voices of the community, directly gathering feedback from real cryptocurrency users, engaging with relevant industry experts and leaders, and establishing advisory committees to incorporate more third-party perspectives."The NCA plans to release a study report on cryptocurrency holders in the U.S. later this month, based on a survey of 10,000 respondents conducted from January to February. Preliminary data shows that up to 21% of Americans may be cryptocurrency users, with 76% of holders indicating that cryptocurrency has had a positive impact on their lives. Additionally, 73% of respondents believe it is important for the U.S. to become a global leader in the industry, and 81% are excited about the future applications of cryptocurrency in areas such as investment, shopping, gaming, and digital collectibles.

ChainCatcher news, Ripple's Chief Technology Officer David "JoelKatz" Schwartz recently stated on social media, "Ripple can, will, and should prioritize its own interests. Investors should not expect Ripple to act in a way that harms the company and its shareholders for the benefit of investors." This implies that Ripple has the right to sell XRP tokens to raise operational funds, raising concerns among cryptocurrency investors.This statement is a response to the criticism from Pierre Rochard, Vice President of Research at Riot Platforms, who warned investors that "they are not investing in Ripple the company, but merely acquiring tokens that were created out of thin air. XRP is not a security because Ripple does not actually owe you 'utility' or anything else."Previous news, ZachXBT disclosed on his personal channel that Ripple co-founder Chris Larsen still holds over 2.7 billion XRP, worth approximately $7.18 billion.

ChainCatcher news, crypto detective ZachXBT disclosed on his personal channel that after the announcement of the U.S. crypto reserve program, he reminded investors to pay attention to the XRP addresses activated by Ripple co-founder Chris Larsen, which still hold over 2.7 billion XRP (approximately $7.18 billion). These addresses related to Larsen transferred over $109 million worth of XRP to exchanges in January 2025.ZachXBT listed six dormant addresses activated by Chris Larsen, noting that several of these addresses have been dormant for 6-7 years, suggesting that Larsen may have lost access or sent the funds to others in February 2013. ZachXBT also mentioned that Larsen was hacked early last year, resulting in a loss of approximately $112 million.

ChainCatcher news, Ripple announced a partnership with South Korean digital asset custody provider BDACS to support institutional custody of XRP and Ripple USD, expanding the availability of Ripple's stablecoin RLUSD.

ChainCatcher news, according to Fox Business reporter Eleanor Terrett, the proceedings in the Ripple case are more complex compared to Coinbase. The reason is that Judge Torres has issued a $125 million fine at the district court level and will retain jurisdiction over the case until August 7, 2025.Even if the SEC chooses to withdraw its appeal in the Second Circuit, it will still need to reach a new agreement with the district court regarding the fine ruling and obtain Judge Torres's approval. A legal expert told Terrett that we are currently in "uncharted territory," and there is significant uncertainty regarding future developments.

ChainCatcher news, FOX Business reporter Eleanor Terrett stated that, according to several legal sources, the SEC has been prioritizing cases with court deadlines, which explains why we have not yet seen any pause requests in the Ripple and Kraken cases.Ripple's next court deadline is April 16, while Kraken's deadline appears to be March 31. The Binance case has been postponed to April 14, Lejilex's case to April 11, and Coinbase has agreed with the SEC to extend the deadline, allowing the SEC to respond to Coinbase's interim appeal request by March 14.SEC leadership may expect that Trump-nominated Chairman Paul Atkins will be confirmed by then. In the meantime, the cryptocurrency special working group, Congress, and the Presidential Working Group on Digital Assets may be working to fill the regulatory gaps that led to the initial lawsuits.

ChainCatcher news, according to CoinDesk, U.S. President Trump shared an article about XRP on the Truth Social platform. The article reported that Ripple CEO Brad Garlinghouse noted a significant increase in the company's business transactions and hiring activities in the U.S. after Trump's victory last November.Following the news release, XRP's 24-hour trading volume increased by 26% to $5.5 billion, while the coin price remained relatively stable at $2.53. Previously, the XRP ETF applications submitted by the New York Stock Exchange and Grayscale had been confirmed by the SEC, with the market expecting approval within the year.

ChainCatcher news, former SEC official John Reed Stark believes that the SEC's lawsuit against Coinbase may be stillborn, as the newly established cryptocurrency working group of the regulator is seeking to resolve the previous enforcement actions against the exchange.In a post on X on February 17, Stark explained why the SEC requested a 28-day extension to respond to Coinbase's petition for permission to appeal. He stated, "According to an unprecedented joint motion spanning 3 pages, the SEC's review of cryptocurrency-related issues is 'ongoing,' and the extension will allow the SEC time for 'appropriate review' as it prepares its response to Coinbase's petition. In other words, the SEC's lawsuit against Coinbase may already be over."Stark estimated that the SEC's lawsuit against Binance will also meet the same fate. He cited a joint motion submitted on February 11, where both parties believe that the SEC's special cryptocurrency working group "may influence and facilitate a potential resolution of this case." The same goes for Ripple, which has been embroiled in a lawsuit with the SEC since 2020, "It is expected that all cryptocurrency-related appeals, including the appeal in the Ripple case, will be paused, and it is even more likely to be completely withdrawn."

ChainCatcher news, according to Fox Business reporter Eleanor Terrett, Binance and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion with the court to request a 60-day pause in the lawsuit. This is the first cryptocurrency-related lawsuit pause request since Mark Uyeda took over as acting chair.Both parties stated that the SEC's newly formed cryptocurrency working group may have an impact on the case and facilitate a resolution. After the 60-day period, both parties will submit a joint status report to assess whether a further pause is necessary. Terrett expects that other non-fraud cases such as Ripple, Coinbase, and Kraken may take similar actions.

ChainCatcher news, lawyer Jeremy Hogan believes that the lawsuit between the U.S. SEC and Ripple will be resolved before the XRP ETF is approved. He added that this is not because it must happen in this order, but because the ETF will take longer to refine every detail.

ChainCatcher news, according to CoinDesk, Ripple announced a partnership with the Portuguese currency exchange provider Unicâmbio to support instant international payments between Portugal and Brazil.It is reported that Ripple payments use the XRP Ledger, allowing users to send and receive different currencies.