Weekend Highlights: Ferrari Embraces Crypto, Ripple's Advancements, and More
Ferrari Embraces Cryptocurrency Payments
Ferrari has announced that it now accepts cryptocurrency payments for its luxury vehicles. Customers can use Bitcoin (BTC), Ethereum (ETH), and XRP, among others, facilitated by BitPay. This payment option is currently available for U.S. customers, with potential expansion to the EU if demand arises.
Ripple's XRPL Tokenization Timeline
Ripple's CTO, David Schwartz, recently detailed plans for tokenization on the XRP Ledger. Highlighting XRPL's low transaction fees and seamless integration capabilities, Schwartz emphasized its suitability for real-world asset tokenization. He anticipates projects launching within a year to a year and a half, enhancing interaction through XRPL's decentralized exchanges.
Shiba Inu's Cryptic Message and Potential Collaborations
Shiba Inu's lead, Shytoshi Kusama, stirred interest with a cryptic message referencing Taylor Swift's "Bad Blood." This could indicate a collaboration with the Bad Idea AI team or relate to broader cultural adoption, as BitPay enables crypto purchases for Swift's Eras Tour movie. This move could foster increased engagement within the SHIB community.
XRP's Inclusion in Hong Kong's Crypto Index
XRP has achieved a significant milestone by joining the Hong Kong Virtual Asset Consortium's cryptocurrency index. Holding a 6.94% share, XRP's inclusion follows Ripple's legal victory over the SEC, which confirmed XRP's nonsecurity status. This recognition places XRP alongside major digital currencies like Bitcoin and Ethereum, marking its prominence in the crypto landscape.
These developments highlight ongoing innovation and legal advancements shaping the cryptocurrency sector, with major players like Ferrari and Ripple leading the charge.
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