The Blockchain Ripple payment company announced the acquisition of two additional licenses for money transmitters (MTL) in the United States, one of Recent York, and the other from Texas on Monday.
It leads to over 55 Licens for money transmitter As part of the payment, care and operations of Stablecoin, emphasizing the robust growth of the company in the regulatory landscape.
Ripple extends the global range
According to the last ReportsThanks to these recent ripple licenses, it is now better prepared to provide its clients with improved cross -border payment solutions, enabling the company to effectively manage comprehensive transactions.
Joana Xie, managing director of North America in Ripple, emphasized the growing interest on financial institutions and cryptographic companies willing to employ the benefits of blockchain technology for faster and more profitable payment processes. Stated:
Thanks to many years of work in cryptography and financial institutions, RIPPLE is well prepared to support ready -made companies to employ the current landscape.
Ripple achievements go beyond the US borders, because the company has the main license of payment institutions in Singapore, Virtual asset service provider Registration in Ireland and the Kajman Islands and a license in Dubai’s Financial Services Authority (DFSA).
Employs domestic employment among cryptocurrency regulations
Until now, Ripple has converted about $ 70 billion of dollars of payments on his bookcchain book, reflecting its growing impact on the global financial ecosystem. Over the past year, the company also recorded the doubles of North American customers in the payment network.
Despite the face of regulatory challenges, including the prolonged legal battle with the American securities and stock exchanges (SEC) on its status XRP tokenRipple remains an optimist about its future in the USA.
SEC alleged that XRP is unregistered security; However, a court decision determined that XRP offers for retail clients were justified, although Ripple was fined in the amount of $ 125 million for infringements regarding institutional offers.
A recent change in the political landscape, especially with Asset The establishment of regulatory -friendly administration supported the sanguine perspectives of the cryptocurrency industry in the US, using this favorable environment by increasing its national presence.
The company announced that about 75 percent of its open items are currently based in the United States, with a significant raise in national employment compared to 2023.
Despite these progress, XRP consolidates At 3 USD, not exceeding the current record level of USD 3.40, which was set over seven years ago. Nevertheless, Altcoin still maintains significant profits of 40% and 470% every month and every year, respectively.
A distinguished painting with Shutterstock, chart from TradingView.com
