Claim BonusRipple Now In Bank for International Settlements (BIS) Panel; XRP Rally Ahead?
Ripple, the company behind popular cryptocurrency XRP, has been announced as an official partner of a key subgroup under a Bank for International Settlements (BIS) committee. This could be a massive development in the company’s pursuit to create a crypto ecosystem between central banks around the world.
Also Read: Kevin O’Leary Warns Michael Burry on His “Big Short” Bet
Ripple Named As Key BIS Committee Partner
This announcement comes at a time when the altcoin is back to being in bullish space thanks to the recently delivered Summary Judgment in the Ripple lawsuit against the U.S. Securities and Exchange Commission (SEC). The judgment effectively said that the token can not be deemed a security if it is sold through an exchange or through programmatic sales for retail buyers, while the previous judgment holds when it comes to institutional sales.
According to the announcement, Ripple is now an official partner of the ‘Cross-border payments interoperability and extension taskforce’. The taskforce is a subgroup within the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures. The BIS announcement comes just few days after Michael Miebach, chief executive officer at payments company Mastercard, revealed that his company is in collaboration with the likes of Ripple in relation to a new central bank digital currency (CBDC) partner program.
What Next For XRP Price?
Meanwhile, the XRP price saw significant volatile trend in the last few days, thanks to the recent developments like the SEC’s filing for interlocutory appeal in the lawsuit against Ripple. Earlier, CoinGape reported that traders could be rewarded if they hold on until the token hits a target of $0.62 next. Compared to the beginning of the year 2023, the XRP price jumped by a whopping 54%, compared to the 58% jump in Bitcoin price during the same period.
Also Read: Terra Luna Classic Community Turns Down USTC Repeg Team Proposal; LUNC Burn Rises
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Morgan Stanley to Launch Crypto Wallet Amid Plans for BTC, ETH, SOL ETFs
- Bitcoin, Ethereum Options Worth $2.2B Set to Expire Tomorrow Amid Potential Trump Tariffs Ruling
- Crypto Markets Eye Rebound as Fed Completes $40B in Reserve Management Purchases
- Scott Bessent Calls for More Fed Rate Cuts in 2026 as Miran Backs 150 bps Cut
- Breaking: U.S. Initial Jobless Claims Rise to 208K, Bitcoin Drops
- Tesla Stock Price Prediction for Jan 2026 Ahead of Q4 Earnings Report
- Ethereum Price Eyes a 30% Surge as Vitalik Buterin Names it the ‘World’s Heartbeat’
- XRP Price Prediction After Spot XRP ETFs Record the First Outflow in 36 Days?
- XRP vs Solana Price: Which Could Outperform in January 2026?
- Meme Coin Price Prediction For Jan 2026: Dogecoin, Shiba Inu And Pepe Coin
- Pi Coin Price Eyes Rebound to $0.25 as Top Whale Nears 400M Milestone
