Ripple to expand US payments after 'being relatively quiet' –

W. Oliver Segovia, Senior Director and Head of Product Marketing, Ripple revealed The company advertised on social media that it intends to expand its payment services across the United States.

Segovia said on LinkedIn that while 90% of Ripple’s business operations take place outside the United States, the company is poised to make a splash with the announcement of upcoming product updates under the Money Transfer License (MTL). admitted.

MTL will be expanded to most states in the US.

To kick off this phase, Ripple will be holding a fintech meetup at its newly opened San Francisco headquarters. The event was led by Head of Product Brendan Berry and Pega Soltani, and moderated by US Managing Director Joanie Hsieh, and featured a fascinating discussion on Ripple’s blockchain and the outlook for payments in 2024. A panel discussion will be held.

David Schwartz, Ripple’s chief technology officer, will also participate in the discussion.

After the panel discussion, attendees will have the opportunity to network with experts like Adyen, Marqeta, Plaid, and more during a casual happy hour. The event is scheduled to begin at 5pm on Wednesday, February 7th at Ripple’s new headquarters at 600 Battery St. Registration.

If you’re interested, we encourage you to sign up now. Optionally, you can also contact us for priority access through our waiting list.

In line with its strategic growth plan, Ripple is actively recruiting across the globe, including Bangalore, San Francisco, Toronto, and London.

Asset management company prepares to launch XRP ETF

US-based asset management companies include major companies such as BlackRock and Grayscale. submit A Ripple (XRP) exchange-traded fund (ETF) was filed with the U.S. Securities and Exchange Commission (SEC) in April and could be launched by the end of 2024.

The decision follows a U.S. district judge’s ruling that declared XRP “not a security,” sparking excitement and speculation in the crypto market. The prospects for the XRP ETF have garnered considerable attention and sparked debate among industry experts and influencers.

BlackRock, a global asset management company with over $8.5 trillion in assets under management, is expected to play a key role in the launch of the XRP ETF. Expectations are high due to ongoing legislation and regulatory uncertainty surrounding XRP.

The potential introduction of an XRP ETF will have far-reaching implications for the crypto market, increasing the accessibility of XRP to traditional investors and cementing its non-secure status.

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