CJ – Crypto Speculator
Ripple CEO says "XRP Team Works Day in and Day Out to Deliver Global Value"
According to Ripple CEO, the team has been working constantly owing to the present market conditions
$30 billion in payments in cash and cryptocurrency were made possible via ripplenet
On the company's ODL system, more than 90% of the currency markets are open for business.
Brad Garlinghouse, CEO of Ripple, tweeted on November 17 that despite the market's present difficulties, he is pleased with the work his team has been doing to satisfy client requests.
The group has consistently backed the idea of providing value to customers throughout the world while concentrating on customer care. He also believes that cryptocurrency will become much more potent. If technology is used to address real-world issues, life will be better than it is now.
The most significant points that Garlinghouse made during his speech at the London 2022 Ripple Swell conference were briefly discussed yesterday on Twitter
Garlinghouse continued:
“With everything going on lately (and during the ups and downs of this year), it feels even more important that we've come together in person to have open discussions about using blockchain and cryptocurrencies to solve real-world problems.”
Additionally, he pointed out that the leading Silicon Valley blockchain company, Ripple, has always taken the lead and would do so in developing trust and transparency in the Bitcoin investment market. Ripple focuses on leveraging blockchain technology to solve practical issues, especially those pertaining to international payments. Garlinghouse also highlighted a few of Ripple's accomplishments in the field of international payments using blockchain and cryptocurrency technology.
Garlinghouse claims that the business has used RippleNet, a global financial network technology, to facilitate over $30 billion in payments in fiat and cryptocurrencies.
Leading fintech business MFS Africa worked with Ripple to provide On-Demand Liquidity (ODL) to Africa. A Ripple product called the ODL employs XRP as a bridge currency for cross-border transactions. Nearly 40% of payout markets, or 90% of the foreign currency markets, are now active on ODL.
In order to use Ripple's payment systems for international transactions, a number of financial institutions have partnered with the company. In May, Ripple partnered with the Lithuanian fintech company FINCI to extend RippleNet to Eastern Europe. To enable cross-border payments in Mexico, FINCI and Ripple implemented an ODL solution.
To support the Ripple team and start investing in cryptocurrency use a trusted cryptobroker, such as BCBitcoin. Here you can buy Ripple XRP at ease, receive crypto asset management services and talk with the customer support team that are eager to help.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards