- XRP Price Index Goes Live on New Nasdaq Site.
- U.S. Secretary Of State Believes Crypto Should Be Handed Same Requirements as SWIFT
After a long waited period, the world’s third largest cryptocurrency by market cap, XRP, is now featured in a new development bordering around US giant stock exchange market.
According information reaching Today’s Gazette, the pricing of Ripple token, XRP, has been made live on the new Nasdaq website, new.nasdaq.com.
Per the information made available on the website, the data indexing of XRP went live on August 16th 2019.
This is coming few months after the American stock exchange market announced its decision to list XRP price index on its platform. Through its alliance with Brave New Coin, a New Zealand-based blockchain data and research firm, Nasdaq in April declared that it would be offering Ripple (XRP) index level information on its global data service starting from May 1st.
Th introduction of XRP on the new Nasdaq is coming few days after Bakkt announced it’s launching on September 23rd, 2019. The action was also succeeded by the pronouncement of the U.S. Secretary Of State on cryptocurrency.
Observers have begun eyeing the two developmental updates as an important progress for the adoption of cryptocurrency.
The introduction of Bakkt will hand in legitimacy and approval for cryptocurrency. This has begun creating FOMO in the finance space, making companies and individuals who are yet to embrace cryptocurrency feel left out.
Even though, there are yet not indication that the market has resumed on a bullish trend, the two news are regarded as a welcomed development giving people more hope.
U.S. Secretary Of State Believes Crypto Should Be Handed Same Requirements as SWIFT
During an interview with CNBC on Tuesday, the U.S. Secretary of State, Michael Pompeo, who also serves as an advisor to President Donald Trump, aired his opinion about regulations for Bitcoin, Libra among other cryptocurrencies.
Pompeo averred that crypto are no doubt monies moving within the market, hence should be handed the same regulatory framework as other electronic financial transactions today.
“The same set of requirements that apply to things flowing through SWIFT or flowing through our financial institutions ought to apply to those transactions as well,” Pompeo told CBNC’s Sqawk Box.