Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Ripple launched cross-border payments in the United Arab Emirates (UAE), Michael Saylor’s Strategy bagged another 7,390 Bitcoin last week as prices rallied above $100,000 and also got hit with a class-action lawsuit, and Bitcoin notched its highest-ever weekly close.
Ripple has rolled out blockchain-based cross-border payments in the UAE through partnerships with Zand Bank and Mamo, a fintech company that offers digital payment services.
According to a May 19 announcement, Zand Bank and Mamo will utilize “Ripple Payments” to facilitate the transfers.
