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MoonPay Partners with Ripple to Simplify XRP Transactions

MoonPay Partners with Ripple to Simplify XRP Transactions

Cryptodnes2024/10/17 12:00
By:Cryptodnes

MoonPay, a cryptocurrency payment processor, has teamed up with Ripple to enhance service offerings.

This partnership allows users to easily buy, manage, and store XRP directly within the MoonPay platform, aligning with MoonPay’s goal of making cryptocurrency more accessible.

This collaboration follows MoonPay’s previous integration with PayPal, which simplified crypto purchases via bank transfers. Together, these moves aim to promote mainstream adoption of digital assets and highlight Ripple’s growing importance.

Ripple is currently engaged in a legal dispute with the SEC, which alleges that the company sold XRP tokens without proper registration.

READ MORE:
Is Elizabeth Warren Softening Her Stance on Cryptocurrency Regulation?

Following a partial victory in July 2023, Ripple remains under pressure as the SEC appeals parts of the ruling. Ripple’s chief legal officer recently outlined the appeals process, indicating that significant developments are expected through mid-2025.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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