Thursday, August 6, 2020
No menu items!
  • News
  • Blockchain
  • XRP News
  • Contact Us
More

    Regulatory Compliance Makes Ripple the Fintech of Our Choice –Bank of America (BoA)

    Must Read

    Italy-Based Pasta Producer Adopts VeChain’s My Care to Manage Infection Risk

    The world’s third-largest producer of pasta, De Cecco, has reportedly adopted the Infection Risk Management solution My Care, which...

    When $400 Was Support for Ethereum (ETH) It Bounced 2x to Hit $800 –The Crypto Dog

    A popular cryptocurrency analyst and trader identified on Twitter as “The Crypto Dog” has averred that the second-largest cryptocurrency...

    Coinbase CEO Brian Armstrong Clarifies What Caused Delayed Transactions of Ethereum (ETH)

    The CEO of Coinbase, Brian Armstrong has recently tweeted to clarify what majorly caused the delayed transactions of Ethereum...
    Avatar
    Solomon Odunayo
    Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.




    Ripple, US-based blockchain firm has recently received an accolade from one of the largest banks in the world, Bank of America (BoA).

    This was recently hinted by a supposed XRP enthusiast identified on Twitter as StuartXRP. He marked out the statement dispatched by BoA and captioned it in the tweet.

    The statement contains a summary of the benefits the bank has leveraged since working with Ripple. The bank also stated that Ripple’s regulatory compliance makes the Fintech a partner of choice.

    It stressed that it has tested Ripple through all of its rigor of legal and compliance processes, which strengthen the bond between the duos, adding that this has so far helped its banking platform to deliver as expected.

    StuartXRP shared this, “…we built or partnerships that we have with the likes of Ripple or Swift. These are Fintechs that we’re partnering with. They’ve come through all of our rigor of legal and compliance and we’re able to leverage our banking as a platform to deliver that to you.”

    This recent commendation indicates that Ripple is on track in its quest to deliver the best for its customers, and still be in the right state with the regulatory bodies.

    In line with the above accolade, recall that the CEO of Ripple, Brad Garlinghouse, had constantly charged the regulators not to paint all cryptocurrencies with one broad brush.

    This denotes that the blockchain tech and its digital token are ever ready to comply with necessary regulatory guidelines, which presently boosts its trustworthiness among its customers across the world.




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    Italy-Based Pasta Producer Adopts VeChain’s My Care to Manage Infection Risk

    The world’s third-largest producer of pasta, De Cecco, has reportedly adopted the Infection Risk Management solution My Care, which...

    When $400 Was Support for Ethereum (ETH) It Bounced 2x to Hit $800 –The Crypto Dog

    A popular cryptocurrency analyst and trader identified on Twitter as “The Crypto Dog” has averred that the second-largest cryptocurrency by market capitalization, Ethereum (ETH),...

    Coinbase CEO Brian Armstrong Clarifies What Caused Delayed Transactions of Ethereum (ETH)

    The CEO of Coinbase, Brian Armstrong has recently tweeted to clarify what majorly caused the delayed transactions of Ethereum (ETH) that played out on...

    US Congressman: Bitcoin (BTC) Is Not Going Away, Will Rather Become Integral Part of Americans’ Future

    Bitcoin (BTC), the first and largest cryptocurrency has been garnering much-needed recognition lately. A member of the United States Congress, Tom Emmer, just made...

    $1 Billion Worth of Bitcoin (BTC) Transaction That Caught the Attention of Thousands of Investors

    A $1 billion worth of Bitcoin transaction has caught the attention of thousands of cryptocurrency investors and making waves among the crypto pundits. Bitcoin Whale...

    More Articles Like This