According to Finbold, Ripple announced the appointment of Monica Long as its new president, who previously served as Ripple's senior vice president and general manager. According to Ripple, Long joined the company in 2013 and played an important role in helping Ripple achieve a strong financial position despite the different stages of the encryption market. In her previous role, Long was responsible for directing the company's product, engineering, partnerships, marketing and developer relations. It is reported that Monica Long is the core figure of Ripple's on-demand liquidity (ODL) product for cross-border transactions.

In the latest news, both sides of the US SEC v. Ripple case have submitted final submissions, and the crypto community is awaiting a final ruling on the matter. Despite growing speculation about the likely outcome, legal experts insist that predicting the case remains challenging because the odds are nearly equal for both sides.