The article provides an overview of XRP, a cryptocurrency that was launched in 2012 as part of the Ripple Network. Unlike Bitcoin, XRP was designed to facilitate cross-border transactions for financial institutions and payment providers. The XRP Ledger operates independently as a decentralized network, using a unique consensus protocol called the Ripple Consensus Algorithm. In December 2020, Ripple Labs and its executives faced a lawsuit from the U.S. Securities and Exchange Commission (SEC) for conducting an unregistered securities offering by selling XRP. In 2023, a judge ruled that XRP was not a security for the general public but considered it as such for institutional investors. Ripple was ordered to pay a $125 million fine in 2024 for violating investor protection laws. Ripple filed a cross-appeal and the SEC moved forward with an appeal in 2025. Various options are available to acquire and store XRP, including hardware and software wallets, as well as cryptocurrency exchanges. XRP has been considered for inclusion in regulated exchange-traded funds (ETFs), and several asset managers have filed applications to launch XRP ETFs. The article also mentions a meeting between Ripple CEO Brad Garlinghouse and former U.S. President Donald Trump.



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