Ripple, Fubon Bank Partner for Hong Kong CBDC Pilot Program
Ripple revealed it would collaborate with Fubon Bank in Hong Kong to explore real estate asset tokenization using the e-HKD. Xu Luosheng, executive vice president and chief strategy officer of Fubon Bank Hong Kong, announced that the bank would launch a pilot program that would concentrate on client refund requests. The trial will use Ripple’s […]
FedNow Goes Live with Ripple Partner Volante Technologies
The Federal Reserve has launched its real-time gross settlement system, FedNow, with the help of Volante Technologies, a fintech firm that partners with Ripple. The new service aims to modernize the U.S. payment system and enable instant transactions across the country. The Federal Reserve, the central bank of the United States, has officially introduced its […]
Ripple Requests Crypto License in UK After SEC Partial Win
Ripple applied to register with the Financial Conduct Authority (FCA) of the United Kingdom as a crypto asset corporation. A spokeswoman for the company stated that Ripple recently applied to register as a crypto asset firm with the Financial Conduct Authority (FCA) of the United Kingdom. As part of its significant investment in the area, […]
Ripple Supports Cryptocurrency in UK Parliament
A document from Ripple outlining the advantages of XRP and cryptocurrencies for the UK government has been submitted to the British parliament. The document recognizes UK government actions in cryptocurrency, including the Financial Services and Markets Bill and the Crypto-Asset Engagement Group. The document’s importance was mentioned by Edward Farina, director of social adoption at […]
Ripple Receives Rare Award for CBDC Innovation
Currency Research has recognized Ripple Labs for its contribution to advancing digital currency and the best sustainability initiative. A rare award has been given to American blockchain payments company Ripple Labs Inc. for supporting Central Bank Digital Currency (CBDC) innovation. Antony Welfare, the CBDC Advisor for Ripple Labs, announced on his official Twitter account that […]