The SEC accusations do not appear to put a damper on Ripple (XRP) activity. If we all believed that the company was living its last days, the platform is recovering even more and is getting back into the race with new surprises every day.
Ripple is expanding its presence in Japan?
The crypto ecosystem is slowly recovering from the fall that occurred after the slight recovery of bitcoin (BTC), the sector is finally getting back to green. Ripple is determined to follow the trend and strengthen its presence in the markets. According to a recent announcement, XRP executives hosted Fukuoka City Mayor Soichiro Takashima and his team within the company.
This is not the first time that the platform has come to Japan. Indeed, the story between XRP and Japan has been going on for a few years. Even if its trading activities inside the country have been temporarily interrupted, the company has resumed service since September 8, 2021 and does not intend to stop there. According to tweet, Fukuoka would be the leader of the Web3 initiative in Japan. This encourages reflection.
XRP Remains Standing Despite SEC Lawsuit
The crypto exchange platform and the US regulator (SEC) have been battling each other since 2020. However, some twists and turns point to a possible victory for Ripple. However, before the final verdict, XRP multiplies the projects and no longer stops.
In May 2022, the Japanese holding company Strategic Business Innovator (SBI) announced that it would soon accept payments in bitcoin (BTC) and Ripple (XRP) for its African subsidiary SBI Africa Co.. But that’s not all! A few days ago, the crypto company partnered with SBI Remit, a Japan-Thailand remittance bridge.
After many rather positive collaborations, the meeting of the leaders of Ripple (XRP) and the mayor of the city of Fukuoka raises questions. Indeed, the platform connects projects and surprises. So what should we expect now?
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