Ripple joins BIS cross-border payments task force

The Bank for International Settlements (BIS) recently announced a cross-border payments interoperability and extension (PIE) task force that includes blockchain-based digital payment network Ripple. 

On Aug. 9, BIS shared a summary of its PIE task force May 11 meeting, in which it

Meanwhile, in a recent update on the lawsuit between the United States Securities and Exchange Commission and Ripple Labs, the SEC is looking for an interlocutory appeal. On Aug. 9, the SEC sent a letter to the judge presiding over the case, saying that the decision warrants a fresh look by an appellate court. The SEC believes a review is warranted, asking the ruling to be reviewed even while the case is still pending.

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