Finance

Ripple Is Extending To Europe and UK As Modulr Seals New Deal

06/12/2022
Bitcoin Ethereum News

  • As per Sendi Young, Managing Director of RippleNet Europe, it will keep expanding international payments from Brazil.
  • As per a report by Brazilian Financial Technology organization,Ramessa Online, has selected Modulr to give a boost to international payments across Europe and the United Kingdom.
  • At the time of publishing, XRP was trading at a market value of $0.3497, down by 7.14% during the past 24 hours.

Ripple Extension

RippleNet continues to grow, according to Sendi Young, MD of RippleNet Europe, as cross-border payments enabled by Ripple and Modulr emerge in the UK and Europe.

As per the Fintech Finance news website, Remessa Online, a Brazilian fintech startup, has picked Modulr to speed cross-border payments throughout the United Kingdom and Europe.

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Modulr also just launched its real-time Euro payment systems, which is based on the real-time pan-European SEPA Instant mechanism and provides significant competitive benefits to European businesses.

Ripple, a blockchain and cryptocurrency company, partnered with British startup Modulr in February to enable “smooth” payments into the United Kingdom and Europe from anywhere in the globe.

Despite the current SEC litigation, Sendi Young told CNBC that the company’s recent 18 months had been the best in its history.

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Ripple Vs SEC Lawsuit

Judge Torres refused the SEC’s desire to seal the complete responses to the amius request to join in the Daubert challenge, giving Ripple a modest advantage in the continuing battle.

The Ripple defendants have now responded to the amicus request to join the Daubert argument.

Ripple has written a letter demanding that its whole response be made public, despite the fact that it is currently under seal. The Ripple defendants have now responded to the amicus request to join the Daubert argument.

In May, CryptoLaw founder John Deaton asked the court to submit an amicus curiae in a Daubert dispute involving the view of expert SEC witness Patrick Doody, who appears to know what drove XRP investors to acquire the cryptocurrency.

Source: https://www.thecoinrepublic.com/2022/06/12/ripple-is-extending-to-europe-and-uk-as-modulr-seals-new-deal/