XRP has been officially added on Coinbase Custody Service which enables institutional clients to safely store big volumes of cryptocurrencies.
In October the New York State Department of Financial Services approved the placement of Ripple (XRP), Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum (ETH) and Ethereum Classic (ETC) on the platform, opening gates for Wall Street actors to the cryptocurrency market.
However, this is not a single reason to see Ripple at news front pages. One of the biggest Asian banks joined RippleNet. CIMB Group, 5th largest bank of the Association of Southeast Asian Nations, will use Ripple technologies to make cross-border money transfers.
According to the statement of Ripple’s representatives, CIMB is regarded as one of the first banks in the region which started to use blockchain technology.
Other important news from the Cryptocurrency world and Blockchain
We wrote earlier that Ripple has increased its income.
Share with friends and people who are interested in it!