Ripple is focusing on Asia, which the company has said is its fastest-growing market.
It marks a significant step for Ripple looking to cut in a slice of the $1.8 billion in yearly remittances from Japan to the Philippines.
The service might be seen as a possible threat to the real-time payments network offered by Ripple.
The supporter of blockchain-based payment services is partnering with private equity firm Advent on the potential deal.
A U.S. judge ordered William H. Hinman, the former chief of the commission's corporate finance division, to sit for questioning.
Young will be responsible for overseeing strategy including the expansion of Ripple’s network technology, RippleNet.
The company wants to force the agency to disclose why it views XRP differently than bitcoin and ether.
"The likelihood that Ripple is a public company is very high at some point," Brad Garlinghouse said at Consensus 2021.
Customers of BankDhofar will be able to use its mobile app to send real-time payments to IndusInd accounts.
Egypt is in the top five nations globally in terms of remittance flows from ex-pat communities.
The service uses RippleNet to create a payments corridor between banks in Cambodia and Vietnam.
Rosie Rios was the 43rd treasurer of the United States, serving under the Obama administration from 2009 to 2016.
A new paper from Ernst & Young for India’s competition regulator underscores that blockchain companies may be competitors to established Indian banks.
Regulators are “creating danger” for investors in their inconsistent approach to determining how to treat cryptocurrencies.