ODL Archives - Cryptolifedigital

How XRP Can Sell In The U.S. For ODL Without Legal Restriction According To Deaton

23Aug

By Daniel AbangNo Comments

XRP News

How XRP Can Sell In The U.S. For ODL Without Legal Restriction According To Deaton

John Deaton, pro-XRP attorney and Managing Partner at Deaton Law office, as of late shared experiences on the legitimateness of Ripple's On-Demand Liquidity (ODL) Transactions. The lawyer uncovered how Ripple could work with ODL in fostering transactions in the U.S. without issues. The Possibility Of Ripple Selling XRP Abroad Deaton's comments answered an inquiry in the most recent CryptoLaw AMA meeting. A client had inquired as to whether Ripple could sell XRP straightforwardly outside the U.S. looking at the ruling of Judge Torres. https://twitter.com/CryptoLawUS/status/1694061765401944414 Accordingly, Deaton affirmed that Ripple generally had consent to sell XRP abroad without legitimate issues. This is on the grounds that the U.S. SEC's purview is restricted to the US. The l...

Ripple’ ODL Gains More Ground Across The Globe As Ripple’s Partner, MFS Africa Signs A Partnership With Western Union

4Mar

By CryptolifedigitalNo Comments

Ripple News

Ripple’ ODL Gains More Ground Across The Globe As Ripple’s Partner, MFS Africa Signs A Partnership With Western Union

The recent development shared revealed that Ripple’s ODL is encroaching everywhere as Ripple’s partner, MFS Africa, recently partnered with global American financial services giant Western Union. The update was shared yesterday by a Nigerian-based media platform, Benjamindada, noting that The partnership will allow customers to send money from nearly anywhere globally to mobile wallets in Africa powered by MFS Africa’s payment rails. Read Also: TerraCVita Talks About The Progress Of Terra Classic Crypto Wallet, Sharing The Issues Faced In Its Coding Ripple's Payment Solution Takes More Ground As disclosed in the report, the service is set to debut in Madagascar. However, no precise timeline is given for this. According to Hassan Chatila, Global Head of Account Payout Network...

Ripple Says 45 Payment Industry Leaders Reach The Consensus To Implement Crypto For Fast And Effective Payments

3Mar

By CryptolifedigitalNo Comments

Blockchain

Ripple Says 45 Payment Industry Leaders Reach The Consensus To Implement Crypto For Fast And Effective Payments

According to the recent whitepaper released by Ripple and the US Faster Payments Council, noted an overwhelming 97% of payment industry leaders think that blockchain and cryptocurrency have the potential to accelerate payments in the next three years. Payment Leaders Support Crypto For Fast And Effective Payments An excerpt from the report released by Ripple on the 2nd of March. Saying that almost 300 surveyed payment leaders across 45 countries reached the consensus that implementing blockchain and crypto for payment solutions will result in a payment infrastructure that is faster, more cost-effective, and more transparent than the current capital-moving systems. https://twitter.com/Ripple/status/1631369032359108630 Notably, crypto payments have been a beneficiary of the Ri...

Ripple Hints at Future Crypto Mergers and Acquisitions

1Jun

By Cryptolifedigital4 Comments

Cryptocurrency

Ripple Hints at Future Crypto Mergers and Acquisitions

Ripple, a cross-border blockchain payment firm, is working via its growth stage and is looking at a series of segments of the crypto industry for potential mergers and acquisitions, as stated by CEO Brad Garlinghouse. In his interview with CNBC during the World Economic Forum in Davos, Garlinghouse stated that Ripple has “a very strong balance sheet” for the company’s future growth opportunities. The way he sees it, there is likely to be an uptick in mergers and acquisitions in the blockchain and cryptocurrency space in the future, and should that be the case, Garlinghouse says that Ripple would consider the potential deals. Read Also: Ripple Hints at Future Crypto Mergers and Acquisitions “There is a lot of growth in crypto and we are looking a lot at different segments in ...

Ripple In Collaboration With Pyypl To Build ODL In The Middle East

27Mar

By Cryptolifedigital1 Comment

Cryptocurrency

Ripple In Collaboration With Pyypl To Build ODL In The Middle East

It has been known by the world population that Ripple is setting up the first Ripple-grounded ODL in the MENA region with the Pyypl blockchain- Grounded Fintech establishment. We are thrilled to partake that we are partnering with@Pyypl to bring#ODL to the Middle East for the first time! According to the Ripple tweet at the time of this compendium, two of the world's top three corridors of remittance in this region, last time$ 78 billion was transferred through them. Ripple is piercing the region through the collaboration of Pyypl to produce its own first ODL remittance corridor in the Middle East region, as the MENA is the fast-going transfer to digital format. As it's known that Pyypl is the DLT company that fiscal services guests throughout the globe. It'll be creating an affordable a...