Ripple acquires Fortress Belief, expands license portfolio within the US

Monetary know-how agency is increasing its portfolio of regulatory licenses in the US with the acquisition of Fortress Belief, in keeping with an announcement on Sept. 8.

Fortress Belief supplies regulatory and know-how infrastructure for blockchain organizations. The corporate holds a Nevada Belief license that enables it to custody monetary belongings. The acquisition is along with the greater than 30 licenses Ripple holds throughout the nation as a cash transmitter, together with a BitLicense in New York, required digital foreign money companies working within the state.

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