RippleNet, the blockchain-based global payment network of Ripple, is set to increase its footprint in the Middle East with a United Arab Emirates-based remittance firm set to unveil cross-border payments using the technology.
On December 13, Frank Chapparo at The Block reported that Basis, a crypto stablecoin project that raised around $133 million in April, is terminating its operations and is in the process of returning the capital it raised to its investors.
Revolut, a digital banking alternative that features an in-app bitcoin and cryptocurrency exchange, has received a European banking license as it seeks to expand its offerings and position itself as the “Amazon of banking.
UAE Firm Taps Ripple Blockchain RippleNet to Launch Cross-Border Payments
Top Stablecoin ‘Basis’ May Shut Down Due to Regulation: What Went Wrong?
Bitcoin-Friendly Revolut Receives European Banking License, Aims to be ‘Amazon of Banking’