Ripple Partner Travelex Scores Major Central Bank Partnership in Asia
Travelex, a well-known foreign exchange brand and Ripple partner, has recently secured a major partnership with the National Bank of Cambodia in Asia. This collaboration allows travelers passing through Singapore’s Changi Airport to conveniently buy and sell Cambodia’s national currency, the Khmer riel, alongside other currencies such as the U.S. dollar, the Singaporean dollar, the Australian dollar, and the European euro. This development marks a significant milestone for the Khmer riel, as it gains international recognition and utility in Singapore.
Fidelity Shakes Up Market with Updated ETF Application
Fidelity, a renowned financial services provider, has filed an amended spot Bitcoin ETF S-1, according to Bloomberg’s senior ETF analyst Eric Balchunas. This move by Fidelity is expected to have a profound impact on the crypto market. If approved, these ETFs would offer mainstream and institutional investors a regulated way to invest in Bitcoin without directly owning the asset. The influx of capital from these investors could drive up demand and potentially skyrocket the price of Bitcoin, as witnessed recently when false rumors about ETF approval propelled the market to new heights.
Elon Musk’s Cryptic Tweet Sparks Enthusiastic Response from XRP and SHIB Supporters
Tech billionaire Elon Musk has once again caught the attention of the crypto community with a cryptic tweet. Musk’s message, “In X S,” has sparked intense speculation among his millions of followers. XRP enthusiasts have linked the “X” to the XRP logo, while SHIB supporters have associated the “S” with SHIB. Despite various interpretations, Musk has yet to confirm any of them.
This article was originally published on U.Today.