The payments platform operates on XRP Ledger, allowing transactions in fiat and crypto.
XRPUSD H1 chart is testing support near an uptrend trendline, with potential for further downside.
Ripple has partnered with Portuguese currency exchange
provider Unicâmbio to offer instant international payments between Portugal and
Brazil. The service uses Ripple’s payments platform, which incorporates digital
assets to facilitate cross-border settlements.
Meanwhile, the XRPUSD H1 chart shows a bearish correction in
progress. The uptrending trendline support could play a crucial role in
determining the next movement on the intraday charts.
Ripple Links Portugal-Brazil for Faster Transfers
Cassie Craddock, Managing Director for the UK and Europe at Ripple, Source: LinkedIn
Unicâmbio’s corporate customers can transfer funds and
settle payments within minutes. Ripple said this is its first entry into the
Portuguese market.
"Portugal has developed a thriving crypto ecosystem so
we are delighted to open up our payments solution to partners there," said
Cassie Craddock, Managing Director for the UK and Europe at Ripple.
Ripple’s payments system operates on the XRP Ledger. Users
can send and receive various currencies, including fiat and crypto assets,
through a financial institution network using the XRP token.
"By connecting our payment networks in Portugal and
Brazil we are facilitating faster, more cost-effective cross-border payments,
while strengthening the economic bridge between these two major markets," Craddock
added.
XRPUSD Nears Support, Awaiting Price Direction
The XRPUSD H1 chart indicates that the price has been
undergoing a bearish correction after facing rejection at the 2.53000 level.
Currently, the cryptocurrency is trading near the support of an uptrend
trendline.
XRPUSD, H1 Chart, Source: TradingView
A bearish candle appears to have broken through the support
level, followed by a bullish inside bar. If a bearish engulfing candle forms at
the broken support area, it may push the price further down. Conversely, a
bullish candle could attract buyers, potentially driving the price upwards.
Ripple Whales, SEC Shifts, and XRP Ledger Updates
Ripple whales have attracted attention due to their
continued buying activity. Recent data shows that large investors, referred to
as whales, acquired
520 million XRP tokens during a recent price dip. This suggests that some
market participants maintain confidence in the cryptocurrency despite the
downturn.
The SEC's
reassignment of key staff members, including Jorge Tenreiro, has raised
questions about the agency’s approach to cryptocurrency cases like Ripple.
Tenreiro, who previously oversaw the SEC's litigation in cases such as Ripple
and Coinbase, has been moved to the IT department.
In decentralized finance (DeFi), Ripple
has partnered with Chainlink to integrate its RLUSD stablecoin with DeFi
applications on the Ethereum blockchain, enabling trading and lending features.
The discussion around XRP’s
potential inclusion in a US crypto reserve continues, with concerns over
centralization. Ripple’s Schwartz defended the decentralization of the XRP
Ledger, emphasizing its resilience to manipulation.
Ripple
is progressing in Japan, with expectations that banks will adopt the XRP
Ledger by 2025. This initiative, according to SBI CEO Yoshitaka Kitao, is aimed
at improving cross-border payments and currency conversions for remittances.
The XRP
Ledger (XRPL) briefly experienced a disruption due to an issue with its
consensus mechanism, which caused validations to fail and ledgers to “drift
apart.” Ripple's CTO, David Schwartz, noted that the issue appeared to resolve
itself after at least one validator operator reset the consensus to a validated
ledger state.
Ripple has partnered with Portuguese currency exchange
provider Unicâmbio to offer instant international payments between Portugal and
Brazil. The service uses Ripple’s payments platform, which incorporates digital
assets to facilitate cross-border settlements.
Meanwhile, the XRPUSD H1 chart shows a bearish correction in
progress. The uptrending trendline support could play a crucial role in
determining the next movement on the intraday charts.
Ripple Links Portugal-Brazil for Faster Transfers
Cassie Craddock, Managing Director for the UK and Europe at Ripple, Source: LinkedIn
Unicâmbio’s corporate customers can transfer funds and
settle payments within minutes. Ripple said this is its first entry into the
Portuguese market.
"Portugal has developed a thriving crypto ecosystem so
we are delighted to open up our payments solution to partners there," said
Cassie Craddock, Managing Director for the UK and Europe at Ripple.
Ripple’s payments system operates on the XRP Ledger. Users
can send and receive various currencies, including fiat and crypto assets,
through a financial institution network using the XRP token.
"By connecting our payment networks in Portugal and
Brazil we are facilitating faster, more cost-effective cross-border payments,
while strengthening the economic bridge between these two major markets," Craddock
added.
XRPUSD Nears Support, Awaiting Price Direction
The XRPUSD H1 chart indicates that the price has been
undergoing a bearish correction after facing rejection at the 2.53000 level.
Currently, the cryptocurrency is trading near the support of an uptrend
trendline.
XRPUSD, H1 Chart, Source: TradingView
A bearish candle appears to have broken through the support
level, followed by a bullish inside bar. If a bearish engulfing candle forms at
the broken support area, it may push the price further down. Conversely, a
bullish candle could attract buyers, potentially driving the price upwards.
Ripple Whales, SEC Shifts, and XRP Ledger Updates
Ripple whales have attracted attention due to their
continued buying activity. Recent data shows that large investors, referred to
as whales, acquired
520 million XRP tokens during a recent price dip. This suggests that some
market participants maintain confidence in the cryptocurrency despite the
downturn.
The SEC's
reassignment of key staff members, including Jorge Tenreiro, has raised
questions about the agency’s approach to cryptocurrency cases like Ripple.
Tenreiro, who previously oversaw the SEC's litigation in cases such as Ripple
and Coinbase, has been moved to the IT department.
In decentralized finance (DeFi), Ripple
has partnered with Chainlink to integrate its RLUSD stablecoin with DeFi
applications on the Ethereum blockchain, enabling trading and lending features.
The discussion around XRP’s
potential inclusion in a US crypto reserve continues, with concerns over
centralization. Ripple’s Schwartz defended the decentralization of the XRP
Ledger, emphasizing its resilience to manipulation.
Ripple
is progressing in Japan, with expectations that banks will adopt the XRP
Ledger by 2025. This initiative, according to SBI CEO Yoshitaka Kitao, is aimed
at improving cross-border payments and currency conversions for remittances.
The XRP
Ledger (XRPL) briefly experienced a disruption due to an issue with its
consensus mechanism, which caused validations to fail and ledgers to “drift
apart.” Ripple's CTO, David Schwartz, noted that the issue appeared to resolve
itself after at least one validator operator reset the consensus to a validated
ledger state.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
