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Crypto News

Ripple gains: Security of the money sender licenses in New York and Texas

Blockchain Payment Ripple has announced the acquisition of two MTLS licenses in the United States, one from New York and another from Texas on Monday.

This brings the total Ripple to more than 55 Money money licenses Through its payments, nursery and Stablecoin, the company’s strong growth in the organizational scene.

Ripple expansion global access

According to the hadith ReportsWith these new licenses, Ripple is now in a better position to provide its customers with a boundary payment, allowing the company to manage comprehensive transactions effectively.

Joan Xi, the administrative director of North America at Ripple, has highlighted the increasing attention from financial institutions and coding companies that are eager to benefit from the benefits of Blockchain technology for faster and more cost -effective payments. I stated:

With years of experience in work in both encryption and financial institutions, Ripple is in a good position to support companies that are ready to benefit from the current scene.

Ripple achievements extend beyond the US border, as the company has a major license for the Singapore Payment Foundation, Virtual asset service provider Records in Ireland and Kayman Islands, and a license in the principle of the Dubai Financial Services Authority (DFSA).

Home recruitment intensifies in encryption regulations

To date, Ripple has processed about $ 70 billion of Blockchain, which reflects its increasing impact on the global financial ecosystem. The company also witnessed the doubling of North American customers within its payment network during the past year.

Despite facing organizational challenges, including a lengthy legal battle with the US Securities and Stock Exchange Committee (SEC) regarding their status Distinguished Code XRPRipple is still optimistic about its future in the United States.

The Supreme Education Council claimed that XRP is unregistered security; However, the court ruling decided that XRP offers for retail customers were legitimate, although Ripple was fined $ 125 million due to violations related to institutional offers.

The last shift in the political scene, especially with Trump The administration’s appointment to the two friendly organizations has strengthened an optimistic view of the encryption industry in the United States, and to benefit from this favorable environment by intensifying its local presence.

The company stated that about 75 percent of its open sites are now in the United States, with a noticeable increase in local employment compared to 2023.

ripple
The daily chart shows the price of XRP, which is more than $ 3. source: XRPUSDT on Tradingview.com

Despite these developments, XRP Merge At $ 3, failed to break the current standard level at $ 3.40, which has been identified more than seven years ago. However, Altcoin still maintains large gains by 40 % and 470 % on a monthly and year to date, respectively.

Distinctive photo of Shutterstock, Chart from TradingView.com

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