
Germany’s Biggest TV Channel Features Ripple, XRP On Air
Ripple and its native token XRP have been given rare mainstream exposure on German finance channel Der Aktionar TV. Related Reading: XRP Poised For Amazon-Like Boom? Analyst Predicts $200 Rally In a recent segment, the hosts spoke with David Hartmann of Vontobel about the cryptocurrency’s place in global banking and how investors can access it through certificates and futures. Ripple’s Role In International Transfers According to Hartmann, Ripple has become a recognized player in international finance by offering faster settlement solutions for cross-border payments. The discussion....
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Ripple Labs, the company that was expected to offer a stiff competition to Bitcoin with its Ripple (XRP) digital currency and Ripple Protocol seems to have fallen behind. Thanks to the recent crackdown by US Financial Crimes Enforcement Network (FinCEN) where Ripple was slapped with a $700,000 fine for non-compliance of regulations while operating as a money services business and selling its virtual currency. FinCEN had found that the parent company of Ripple Labs - XRP II, LLC had willfully violated the Banking Secrecy Act by not implementing effective Anti-Money Laundering (AML) program.....
According to a report from IBTimes the UK division of Santander is using Ripple blockchain technology for international money transfers. Santander employees have tested the new application that connects the Ripple network to Apple Pay by sending transmissions of £10 and £10,000. Santander Bridges Ripple with Apple Pay. The new application that uses....
One of the world’s biggest remittance companies issued a statement addressing the recent turmoil between Ripple and the U.S. Securities and Exchange Commission (SEC) due to a lawsuit filed by the regulator against the crypto company. Moneygram Distances Itself From Ripple in the Midst of the US SEC Lawsuit According to the official statement, Moneygram pointed out that its collaboration with the blockchain firm doesn’t involve using the ODL platform or Ripplenet for direct transfer of consumer funds, “digital or otherwise.” Also, they added that “Moneygram is....