Uphold

Ripple XRP’s potential rise hinges on the possibility of an XRP ETF, with Uphold bank executive Martin Hiesboeck expressing optimism about its development. Legal battles with the SEC over XRP’s classification as a security pose a significant hurdle for its ETF aspirations, but Ripple CEO Brad Garlinghouse remains hopeful. Uphold bank executive Martin Hiesboeck remains buoyant about XRP’s trajectory, hinting at an imminent rise in its value. Hiesboeck points towards ongoing developments within the XRP ecosystem, suggesting that an XRP…

Uphold lets users withdraw XRP instantly to US bank accounts using FedNow, easing crypto-to-fiat conversions. Skepticism about the transaction was dispelled after Uphold’s confirmation, assuring transparency in the process. Prominent American cryptocurrency exchange Uphold has officially confirmed that the U.S. Federal Reserve’s instant payment system, FedNow, facilitates instant XRP transactions to select U.S. bank accounts. This confirmation follows recent reports indicating FedNow’s involvement in processing XRP deposit transactions. Initially met with skepticism from the broader community, Uphold’s confirmation has laid…

The post Ripple Payment Is Now Available On Uphold Platform For Institutional Investors appeared first on Coinpedia Fintech News Uphold, a prominent digital currency platform, has introduced Ripple payments for institutional investors, signaling a significant step forward for the XRP community. This aims to open up new opportunities for utilizing Ripple’s On-Demand Liquidity (ODL) service, enhancing accessibility and efficiency within the digital payments ecosystem. Ripple Payments Integration On Uphold Uphold has integrated Ripple payments into its platform, offering institutional investors…

Cryptocurrency projects and businesses worldwide are awaiting cryptocurrency regulations from the government. Some nations are yet to consider the prospect of cryptocurrency going mainstream while some such as the Netherlands have been embracing the nascent technology and are taking measures to ensure its prosperity. Nevertheless, the changes coming to space due to the regulations are affecting some participants. A few months ago, the apex bank of the Netherlands announced the regulation of firms providing cryptocurrency services starting from January 10…