Ripple has won a prestigious award at the PAY360 Awards in the United Kingdom for having the “best use of digital currencies and assets in financial services”. The award comes days after the US district judge Analisa Torres rejected the interlocutory appeal by the US Securities and Exchange Commission to the ruling that recognized the secondary sales of XRP as non-securities.The award was presented to Ripple by Sendi Young, Managing Director of Ripple’s European operations. The event was sponsored by payment giant Mastercard and had more than 300 nominations across different tracks. Fireblocks was recognized as the best blockchain infrastructure provider, Visa was awarded as the best financial crime prevention solution, and Amal Microfinance Bank (AMB) won the best financial inclusion payments initiative.Ripple also won two awards at Juniper Research’s Future Digital Awards for Fintech and Payments 2023. The blockchain company was given the Sustainability in Fintech Innovation of the Year award coupled with the “CBDC Innovation” award. In May, it also won two awards at the Digital Currency Conference 2023 awards.The XRP price is still in “red” in the last seven days, but has recorded a bullish market sentiment and a 24-hour positive gain. Investors can buy XRP quickly and securely with PayPal, credit card or bank transfer at eToro. Coinbase is regulated by the SEC and FINRA
Ripple’s CEO Brad Garlinghouse is reported to have an XRP tattoo containing the date of the July ruling. The SEC’s request to file an interlocutory appeal was denied and the court ruled that Bitcoin and XRP have been legally cleared as non-security crypto assets. Following these developments, the market sentiment around the XRP token has become bullish with a current price of $0.525248.
This News Article was automatically generated by Bob the Bot (AI)
Information |
Details |
Geography |
Europe |
Countries |
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Sentiment |
positive |
Relevance Score |
9 |
People |
Brad Garlinghouse, Sendi Young, Analisa Torres, None, Stuart Alderoty |
Companies |
Fireblocks, Visa, Mastercard, Amal Microfinance Bank (AMB), Ripple |
Currencies |
US Dollar, Ethereum, XRP, Bitcoin, British Pound |
Securities |
None |