Ripple Gains Key Licenses Amid Donald Trump Pro-Crypto Administration
Ripple has recently increased its efforts in expanding its business after obtaining the Money Transmitter Licenses in New York and Texas. The recently obtained licenses enhance the company’s footprint in the United States. This enables the company to operate having licenses in 33 of the 50 states alongside over 55 countries globally.Notably, the MTLs in New York and Texas make it easier for Ripple to provide a licensed version of its cross-border payment systems.These solutions facilitate the entire transaction process for the customers. As more and more consumers look for clear, instant cross-border payment options. Ripple’s expansion in the US matches the growing trend of financial and crypto companies exploring blockchain.In addition, Ripple Payments Managing Director Joanie Xie explained that the company features distinct abilities to assist blockchain-powered enterprises in running processes more efficiently. Ripple’s expanding regulatory credibility now includes multiple license