San Francisco-based enterprise blockchain firm Ripple has acquired Cash Transmitter Licenses (MTLs) in New York and Texas, in line with a Monday announcement.
The corporate now boasts greater than 60 licenses across the globe.
In October, the corporate additionally secured a key license in Dubai, increasing its presence within the MENA area.
Earlier, it additionally obtained regulatory approval to function in Singapore, one other standard crypto-hub.
As reported by U.Right now, Ripple has additionally considerably expanded hiring within the U.S. in current months after securing key wins on the regulatory entrance.
For years, the corporate has been clamoring for regulatory readability for years amid its protracted authorized struggle with the U.S. Securities and Change Fee.
With the brand new cryptocurrency-friendly SEC administration, it now hopes to show a brand new web page.
Disclaimer: The opinions expressed by our writers are their
personal and don’t characterize the views of U.Right now. The monetary and market info
offered on U.Right now is meant for informational functions solely. U.Right now shouldn’t be
accountable for any monetary losses incurred whereas buying and selling cryptocurrencies. Conduct
your individual analysis by contacting monetary consultants earlier than making any funding
selections. We imagine that each one content material is correct as of the date of publication,
however sure provides talked about could now not be out there.