Tag: Ripple

Coinbase joins Ripple and Circle in bid to secure US banking license

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Key Takeaways Coinbase has applied for a National Trust Company Charter with the OCC. The application is focused on Coinbase Custody, but if granted, it would let Coinbase expand into payments and related financial services under federal oversight. Share this article Coinbase has applied for a National Trust Company Charter from the US Office of the Comptroller of the Currency (OCC), joining Ripple and Circle in pursuing federal oversight to expand their digital asset services. The company, which runs one of the world’s largest crypto exchanges, is regulated under a…

Ripple Takes On Europe With Spanish Bank BBVA Custody Deal

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Ripple, the US blockchain firm behind the XRP cryptocurrency, will provide crypto custody services to Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA). According to a Tuesday announcement, Ripple’s agreement to provide crypto custody services to BBVA follows the bank’s recent announcement of its Bitcoin (BTC) and Ether (ETH) retail trading and custody service. BBVA will rely on Ripple’s institutional custody service to power services to its customers. BBVA’s head of digital assets, Francisco Maroto, said that Ripple’s custody service allows it to meet the necessary standards to “directly provide an…

Ripple vs. SEC Is Over: Time to Challenge SWIFT?

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Ripple has finally finished its legal battle against the US Securities and Exchange Commission, bringing legal clarity to its underlying coin, XRP (XRP). Now observers are asking whether XRP can finally focus on providing a viable alternative to SWIFT. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has been the backbone of international money transfers since its founding in 1973. However, for several years, critics have said that the system is outdated. Many in the blockchain industry, including Ripple CEO Brad Garlinghouse, argue that blockchain technology provides higher throughput and…

Ripple partners with Thunes to expand blockchain-powered cross-border payments

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Key Takeaways Ripple and Thunes have expanded their partnership to integrate Ripple Payments into Thunes’ global network, enhancing blockchain-powered cross-border payments. The collaboration aims to improve transaction speed, transparency, and compliance for international money transfers across over 130 countries. Share this article Ripple and Thunes expanded their partnership today to enhance global cross-border payments by integrating Ripple Payments into Thunes’ Direct Global Network, building on their initial 2020 collaboration. Singapore-based Thunes connects to more than 130 countries and 80 currencies through 320 payment methods, serving billions of bank accounts, mobile…

Ripple Partners With Novatti Group on XRP Adoption

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Key Takeaways Ripple has announced a partnership with Novatti Group, which will see RippleNet and ODL used in remittances. The partnership will focus on Australia and the Philippines and is part of Ripple’s efforts to sign deals in the Asia Pacific region. Ripple prices are performing well, perhaps due to positive developments in Ripple’s SEC case. Share this article Ripple has announced that it is partnering with Novatti Group, an international payments firm, to help it use XRP-based services. Ripple and Novatti Work on Remittances According to Ripple, this partnership…

Ripple (XRP) Consolidates Gains, Why Rally Isn’t Over Yet

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Ripple extended its rally above the $1.200 resistance zone before correcting lower against the US Dollar. XRP price is now consolidating gains and it is likely to rally again above $1.400. Ripple rallied towards $1.50 before correcting lower against the US dollar. The price is now trading well above $1.1500 and the 100 simple moving average (4-hours). There is a key contracting triangle forming with support near $1.3100 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair is likely to start a fresh rally if…

XEM, Ripple, Stellar, Bitcoin, IOTA

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. This week, the focus was on the Bitcoin Cash (BCH) hard fork and the ugly bickering between the warring factions. This led to a dent in the sentiment, and many believe this to be the reason for the sudden drop in crypto prices…

CNBC Host Recommend Buying Ripple

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Latest Ripple News Like in any war, victims are usually the vulnerable. In the crypto space, the hash war between different factions within Bitcoin cash network saw ordinary investors’ record massive losses in several hours of madness. Surprisingly, in the midst of double digit losses in Bitcoin and most altcoins, XRP registered minor losses, rapidly recovering and closing three percent lower in the last week. All out war! Hash rate now same and SV almost same number of blocks. Both sides burning cash.. this could be a seriously expensive battle…

Ripple Continues to Rebound, While Most Major Cryptocurrencies See Mild Wave of Red

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Saturday, Nov. 17: crypto markets have seen another mild decline, with losses across the top 20 coins by market cap reaching 4 percent over the past 24 hours. In contrast, Ripple (XRP), which is still holding strong as the second coin by market cap, continues to see sufficient gains as of press time, according to data from Coin360. Market visualization from Coin360 After seeing a small rebound yesterday, the largest cryptocurrency Bitcoin (BTC) is very slightly down over the past 24 hours. As of press time, Bitcoin is down less…