Ripple Expands In Asia With Debut XRP Investment Tool
Payments company Ripple has partnered with HashKey Capital to launch Asia’s first XRP tracker fund. The new fund will track the price of XRP cryptocurrency, as per statements from both firms. Related Reading: Crypto Mixer eXch Calls It Quits: Under Fire Over Bybit Hack Ripple Steps In As Anchor Investor Crypto community figure Crypto Eri […]
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The company behind the consensus network and currency, Ripple, has announced a new office in Sydney, Australia as part of a push further into the large Asian and Pacific markets. "We are excited to formally unveil a presence in Asia Pacific - an area that has been aggressively pursuing faster payment technologies for both domestic and cross-border payments," said Ripple Labs CEO and co-founder Chris Larsen. According to a Ripple Labs, the expansion is to meet a "growing demand" for the currency's payment services in the region. Unlike Bitcoin, Ripple relies on intermediaries to work as....
Ripple chief executive officer Brad Garlinghouse said Friday that the company’s business in the Asia-Pacific region has not suffered from the ongoing regulatory issues in the U.S. Ripple’s Business in Asia and Japan Sees Growth Ripple is facing a $1.3 billion lawsuit from the U.S. Securities and Exchange Commission (SEC). In December, the SEC charged Ripple, creators of the eponymous XRP cryptocurrency, and its top executives with selling unregistered securities since 2013. The blockchain payments firm denies the charges, but that has not stopped a number of U.S. crypto....
Payment company Ripple continues to score victories worldwide and expand its services. The Brad Garlinghouse-led company celebrated two major milestones yesterday, one within its borders, the United States, and the second in Asia. Related Reading: Ripple Vs. SEC: Key Dates To Watch Post-Interlocutory Appeal Win Ripple Takes Over Asia According to an official announcement, the […]
Even though many people do not give much credit to the blockchain service Ripple has managed to create, there seems to be a growing demand for their services in Asian. Thanks to a deal with SBI Holdings, this technology will be able to merge with banking industry experience and create a new company called SBI Ripple Asia. With a large focus on Taiwan, Korea, Japan, and China, Ripple’s enterprise solutions will focus on cross-border bank payments. Ripple Keeps Gaining More Popularity In Asia And Beyond. In the Western world, concepts such as Ripple are not gaining too much traction. Part of....
Ripple, a provider of financial settlement solutions, and SBI Holdings, Inc., a financial services company, have partnered in launching a new company, SBI Ripple Asia, to serve China, Japan, Taiwan, Korea and ASEAN countries. SBI Ripple Asia will establish a sales and engineering group to sell and install its enterprise solutions for cross-border payments at banks. The 2015 World Payments Report notes that non-cash payments in China, Japan and South Korea exceeded $145 billion in 2013, with further growth expected, Ripple noted in its announcement. Ripple will continue to operate its....