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Ripple's Global Adoption of Payment Services Continues Despite Legal Battle with SEC

According to Cointime news on June 14th, Despite facing a legal battle with the SEC over its XRP token, Ripple's payment services continue to gain global adoption. In an interview with Cointelegraph, Ripple's UK and EU managing director emphasized the company's growth outside of the US due to progressive regulatory oversight in different markets.

The EU's Markets in Crypto-Assets legislation is expected to facilitate healthy competition and innovation in the cryptocurrency space while driving adoption among traditional finance players. Ripple is expanding its services to plug into an increasingly interconnected financial ecosystem, including the development of central bank digital currencies and stablecoins.

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