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Ripple Plans to Expand to Korean Market Following ODL's Huge Adoption

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ICYMI: despite aiming at entering the Korean market this year, Ripple does not plan to deploy its Liquidity Hub in Korea XRPnews XRPArmy ODL

He also stated that the ongoing Ripple-SEC lawsuit has no impact on the adoption of Ripple's remittance platform, specifically On-Demand Liquidity . Speaking on the company's intended move, he says there are no plans to deploy Ripple's Liquidity Hub in Korea, however.said in March that it had collaborated with Oxford Metrica, a U.K.

The paper, entitled"A Policy Framework for Blockchain and Digital Assets in Korea" , makes recommendations to Korean policymakers and regulators on how to further develop the blockchain landscape by enacting a smart regulatory framework, as well as encouraging financial institutions from across the region to participate.

Korea, too, is a thriving sector, with a total market value of $45.9 billion in digital assets. BTC , ETH and XRP are the top three digital assets traded on Korean exchanges, with daily transactions totaling $9.4 billion.

 

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