{"id":139487,"date":"2023-09-02T01:34:05","date_gmt":"2023-09-01T20:04:05","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=139487"},"modified":"2023-09-02T01:34:05","modified_gmt":"2023-09-01T20:04:05","slug":"ripple-in-bank-for-international-settlements-panel-xrp-rally-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ripple-in-bank-for-international-settlements-panel-xrp-rally-crypto-news\/","title":{"rendered":"Ripple In Bank for International Settlements Panel; XRP Rally? – Crypto News"},"content":{"rendered":"

<\/p>\n

\n

Ripple, the company behind popular cryptocurrency XRP, has been announced as an official partner of a key subgroup under a Bank for International Settlements (BIS) committee. This could be a massive development in the company\u2019s pursuit to create a crypto ecosystem between central banks around the world. This announcement comes at a time when the altcoin<\/a> is back to being in bullish space thanks to the recently delivered Summary Judgment in the Ripple lawsuit against the U.S. Securities and Exchange Commission (SEC).<\/p>\n

Also Read: Kevin O\u2019Leary Warns Michael Burry on His \u201cBig Short\u201d Bet<\/strong><\/a><\/p>\n

<\/p>\n

Ripple Named As Key BIS Committee Partner<\/h2>\n

According to the announcement<\/a>, Ripple is now an official partner of the \u2018Cross-border payments interoperability and extension taskforce\u2019. The taskforce is a subgroup within the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures. The BIS announcement comes just few days after Michael Miebach, chief executive officer at payments company Mastercard, revealed<\/a> that his company is in collaboration with the likes of Ripple in relation to a new central bank digital currency (CBDC) partner program.<\/p>\n

<\/p>\n

Meanwhile, the XRP price<\/a> saw significant volatile trend in the last few days, thanks to the recent developments like the SEC\u2019s filing for interlocutory appeal in the lawsuit against Ripple. Earlier, CoinGape reported<\/a> that traders could be rewarded if they hold on until the token hits a target of $0.62 next.<\/p>\n

Also Read: Terra Luna Classic Community Turns Down USTC Repeg Team Proposal; LUNC Burn Rises<\/strong><\/a><\/p>\n

<\/p>\n

<\/p>\n

<!– <\/p>\n

\n
\n
\n
\n

<\/p>\n

<\/div>\n
Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n

<\/a><\/p><\/div>\n<\/p><\/div>\n

\n
\n

<\/p>\n

\"\"<\/div>\n
Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n

<\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

–><\/p>\n

\n
\n
\n
\n
\n<!–<\/p>\n
<\/div>\n

–><\/p>\n

Anvesh reports major crypto updates around regulation, lawsuits and trading trends. Published around 1,000 articles and counting on crypto and web 3.0. He is currently based in Hyderabad, India. Reach out to him at anvesh@coingape.com or twitter.com\/BitcoinReddy <\/p>\n<\/p><\/div>\n

\n \"\" <\/div>\n<\/p><\/div>\n<\/p><\/div>\n
\n

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

<!– <\/p>\n

\n
\n Crypto Stories<\/span><\/p>\n

View all<\/a>\n <\/div>\n

\n
\n
\n
\n <\/p>\n
\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\"<\/div>\n
Twitter is now worth just 33% of Elon Musk\u2019s purchase price <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n
\n <\/p>\n
\"will_cramer_curse_strike_again_720\"<\/div>\n
Will Cramer Curse Strike Again? <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n
\n <\/p>\n
\"mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720\"<\/div>\n
Mercedes Benz To Release NFT Collection With Fingerprints DAO <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

–><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Ripple, the company behind popular cryptocurrency XRP, has been announced as an official partner of a key subgroup under a Bank for International Settlements (BIS) committee. This could be a massive development in the company\u2019s pursuit to create a crypto ecosystem between central banks around the world. This announcement comes at a time when the […]<\/p>\n","protected":false},"author":2,"featured_media":119392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-139487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=139487"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139487\/revisions"}],"predecessor-version":[{"id":147702,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139487\/revisions\/147702"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119392"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=139487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=139487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=139487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}