Ripple has collaborated with two banks and three fast-growing remittance providers who are willing to adopt the blockchain technology for instant payments at reduced costs.
Coinbase, the largest cryptocurrency exchange and wallet provider in the U.S., has launched a PayPal-like plugin. Coinbase Commerce allows to make Bitcoin, Bitcoin Cash, Ethereum and Litecoin payments.
The CFTC is looking for a collective effort from several private as well as government players in order to form the regulatory framework around cryptos while protecting investor’s interests.
The Saudi Arabian Monetary Authority (SAMA) is the second biggest banking institutions to adopt blockchain technology after the Bank of England.
Ripple is further expanding its footprint by collaborating with many banking as well as financial services institutions.
This is the first money transfer deal from the middle east to establish instant money transfer.
Vulnerability of crypto industry to external factors makes Bitcoin price one of the most discussed issues. Let’s see what factors have led to its recovery.
Ripple is downtrending mid-term as we are heading into mid February, as Dmitriy Gurkovskiy, Chief Analyst at RoboForex, says.
Grayscale, the company that launched Bitcoin Investment Trust, launches new ‘Digital Large Cap Fund’. The Fund is tied to 5 top cryptocurrencies. Each digital asset will be evaluated, less the fund’s expenses and other liabilities.
LianLian will be using Ripple’s xCurrent solution for cross-border settlements with end-to-end tracking.
Crypto markets recovers from the heavy blows and woes as CFTC and SEC chairpersons express some confidence in digital currencies.
The overall markets under deep correction as China brings ban on local investors to trade even from foreign exchanges.
Santander will soon be launching a mobile app in Q1 2018 for instant payments powered with Ripple’s xCurrent technology.
Dmitriy Gurkovskiy, a senior analyst at RoboForex, shares his vision on Ripple’s future trends, thereto explaining obstacles the token faces when it comes to its wider adoption.
Both these companies are eager to use Ripple’s xRapid payments solution that is designed to provide on-demand liquidity.