Crypto: Ripple strikes hard with these 2 new licenses!

Ripple, a crypt service provider, recently announced that in New York and Texas, he had received a license to transfer money (MTL). This strategic expansion strengthens the presence of ripple in the United States and brings the total number of MTL licenses to more than 50 in the country.

Ripple gets strategic licenses in the United States!

These new licenses allow Ripple to provide efficient and profitable cross -border payment services in two major financial centers in the United States. The demand for such services is growing strongly, both from traditional banks and from crypto companies. Joanie Xie, CEO of Ripple for North America, said:

We continue to see growing interest from financial institutions and cryptocurrency companies that wish to take advantage of blockchain for faster cross transfer payments, cheaper and available 24/7.

In addition to the licenses obtained in New York and Texas, Crypto Company also has a key regulatory permissions such as New York Bitlicense, a trust charter for limited purposes of New York and the main payment institution licenses Singapore. This regulatory approval allows Ripple to strengthen its position on the world’s digital payments market, cover more than 90 markets, and represent more than 90 % of daily exchange transactions.

A significant advantage over the competition

Obtaining these licenses in highly regulated markets, such as New York and Texas, opens the way to wider adoption and increase the legitimacy of financial services based on cryptocurrencies. By increasing the number of licenses, RIPPLE will gain a significant competitive advantage compared to other suppliers of Krypto payments, especially with regard to the service of traditional financial institutions that prefer compliance.

Ripple extension in the United States is therefore an important step in the development of digital payments and crypto thanks to these new money transfer licenses. This offers a transparent transparent payment solution for cross guarantee and in accordance with regulations.

Eddy S.

The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.