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- Ripple CEO Brad Garlinghouse is set to speak at Korea Blockchain Week 2024, highlighting Ripple’s strategic expansion in Asia.
- Discussions around the potential approval of an XRP ETF in the U.S. are gaining momentum, with predictions pointing to a possible launch in 2025.
- Ripple’s Vice President of Strategic Initiatives, Emi Yoshikawa, emphasizes the significance of these developments for Ripple’s regional strategy.
Discover the latest developments in Ripple’s strategic expansion in Asia and the growing discussions around the potential approval of an XRP ETF in the U.S. by 2025.
Ripple CEO Announced as Korea Blockchain Week 2024 Speaker
Crypto OG and Ripple Inc. CEO Brad Garlinghouse will be speaking at Korea Blockchain Week 2024 in September. This official announcement was shared on X on the event’s main account.
As per the statement of the organizers, the speech by Garlinghouse will be included in the IMPACT program and will cover the future of finance with blockchain and crypto technology.
The event is set to happen Sept. 3-4, 2024, in Seoul’s Walkerhill Hotels and Resort complex. Local digital economy heavyweights Hashed and Factblock are backing the event.
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Ripple’s Strategic Expansion in Asia
Ripple’s Strategic Initiatives Vice President Emi Yoshikawa highlights the importance of the upcoming event for Ripple’s regional strategy:
Ripple CEO Brad Garlinghouse is coming to Korea for Korea Blockchain Week! We are so excited to be in Korea this summer!!
As reported by CoinOtag previously, two weeks ago it was announced that the XRP Ledger blockchain onboarded a South Korean validator.
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XRP ETF Coming in 2024-2025?
Local infrastructure vendor Infinite Block started supporting the integrity of XRPL transaction validation this May.
The announcements arrived amid another phase of discussion about the potential of XRP ETF approval in the United States. As we reported yesterday, Standard Chartered banking major opined that XRP spot ETF might be approved as soon as in 2025.
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Potential Impact on the Crypto Market
Solana (SOL), another major altcoin, might receive its ETF by 2025 as well. However, the exact timelines are still disputable as many altcoins are treated by the U.S. SEC as potential securities, which puts their ETF prospects in danger.
Conclusion
Ripple’s strategic moves in Asia and the potential approval of an XRP ETF in the U.S. signal significant developments for the crypto market. As these events unfold, stakeholders should keep a close eye on the regulatory landscape and market responses.
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