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Hong Kong’s List of Approved Cryptos Misses Out Ripple’s XRP- What Happens Next?
Many popular cryptos don’t meet real-world financial needs. A prime reason why Hong Kong Ignored XRP. But XRP’s ETF is registered
It was a shocking day for the crypto market. Hong Kong released a list of authorized cryptos. Shockingly, the least does not have XRP on it.
What’s more alarming is that the omission has severely affected the price point of XRP in the global market. As an immediate reaction, XRP’s price fell by $2.4.
More pestering issues
The short-term outcome of this omission can be managed. But it raises questions regarding the future of the most popular cryptocurrency assets in the world. It also questions whether there are any transparent criteria in the global financial system for digital assets to operate.
A following price crash and its effect on ETF