Ripple Labs Expands to Asia Pacific Region
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....
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Ripple Labs has shared its plans to expand to the Asia Pacific region by opening a digital currency office in Sydney, Australia. The company, which was formerly known as OpenCoin, developed the Ripple protocol which interconnects the world's financial systems to enable the secure, real-time transfer of funds in any currency. Ripple Labs is a San Francisco-based startup funded by investors from Google Ventures, Andreessen Horowitz, IDG Capital Partners, and Core Innovation Capital. Digital Currency Acceptance in Asia Pacific. With its latest move to open a digital currency office in....
Payment networking company Ripple Labs recently surprised the masses by opening a new subsidiary in Sydney, Australia. According to its official press release, the San Francisco-based company was already receiving multiple requests from people beyond the Red Sea for its real-time settlement protocol Ripple. They therefore decided to do so by launching the aforementioned subsidiary, a step that would also help connecting Ripple Labs users in the US and Europe to make cross border payments to their counterparts in Asia Pacific region, and vice-versa. For a moment, one could also see the huge....
Dilip Rao, Managing Director of Ripple Labs in Sydney, has announced that Ripple will continue to expand its “highly demanded” real-time settlement protocol in the Asia-Pacific region. Ripple appointed fin-tech veteran and experienced salesman Dilip Rao for the new Ripple Labs Asia Pacific subsidiary back in April. According to Ripple, the company established the new facility to support the “growing demand for Ripple’s real-time settlement protocol in the region” and to connect with Ripple Labs partners in the Asia-Pacific market. In a press release, Rao explained that countries in the....
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....
Payments giant Mastercard is launching crypto-linked payment cards for the Asia-Pacific region in partnership with three crypto service providers. “For the first time, consumers and businesses in the Asia Pacific region will be able to apply for crypto-linked Mastercard credit, debit, or prepaid cards,” Mastercard said.
First Crypto-Linked Mastercards in Asia-Pacific Region
Mastercard announced Monday that it has partnered with three crypto service providers across the Asia-Pacific region “to launch the region’s first crypto-linked payment....