Ripple CEO to Cooperate with Korean Banks; XRP Spot ETF Listing Possible
CryptoNewsTerminal Staff05 Sep, 2024
Ripple CEO to Cooperate with Korean Banks; XRP Spot ETF Listing Possible
Ripple CEO Expresses Willingness to Collaborate with Korean Banks In an interview with the Korean Economy, Monica Long, the CEO of Ripple (XRP), emphasized the company's interest in expanding its presence in South Korea. Long acknowledged the significant interest in XRP within the Korean market and expressed Ripple's readiness to provide digital asset custody solutions through partnerships with Korean banks. XRP Spot ETF Listing on the Horizon Long also addressed the potential for XRP spot ETF listings. She stated that, given the recent settlement regarding the classification of XRP as a non-security, she believes that listing an XRP spot ETF is both feasible and reasonable. Ripple's willingness to cooperate with Korean financial institutions and its optimism regarding XRP's regulatory status indicate the company's continued commitment to expanding its global reach and fostering the adoption of digital assets.
