We are trying to make the Binance FEED Platform more valuable and attentive for you. Here are the details of our news;

The Central Bank of Georgia has chosen Ripple as its technology partner in the pilot application to be launched for the development of the digital format of the country's national currency, lari.

Within the scope of the cooperation between Georgia and the Blockchain company, pilot studies of digital lari will take place on Ripple's CBDC platform. On the CBDC platform, the use case and benefits of digital money will be tested mainly in the public and business sectors.

Ripple announced that it launched its CBDC platform in May this year. This platform allows countries to issue central bank digital currency (CBDC) and test the use cases of these assets. While Ripple offers its experience in the Blockchain industry to countries and financial institutions through the platform, it provides guidance to the parties about the complex processes at the CBDC stage. While Ripple's CBDC platform is being developed on the XRP Ledger network, Bhutan, Montenegro, Hong Kong, Montenegro and Colombia are other countries that have signed agreements with the company to use this platform. In the statement made by Ripple, it was stated that negotiations with more than 20 countries regarding CBDC activities are continuing.

XRP received approval from Dubai Financial Services Authority

Another important development regarding Ripple is that the company has been approved by the Dubai Financial Services Authority (DFSA) for the use of XRP by local virtual asset services in the Dubai International Financial Center (DIFC).

Accordingly, licensed crypto companies in the Dubai International Financial Center will be able to use XRP as an approved virtual asset. Thus, XRP joins DFSA's previously approved Bitcoin, Ethereum and Litecoin.

Continuing its expansion on a global basis, Ripple has recently gained a significant advantage in its case with the SEC in the USA. Ripple, which achieved a significant gain in the securities case that was closely followed by the crypto market, was boosted by the court's recent rejection of the regulator's appeal request.

Recent positive developments continue to increase the demand for XRP. So much so that Blockchain data showed that XRP reached record levels in the number of large investors. However, the Ripple token is moving horizontally at $0.6 in the first days of November after gaining 16% in value in October.#BitcoinDunyamiz

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I EXPLAIN IN DETAIL.

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