Bitcoin 
$64,067 price It is above $63,500 and weakness continues. On the other hand, we have seen some important developments in the last hour. Ripple 
$0.62915 and Schwap promises more excitement in the cryptocurrency industry. So what’s going on?
Ripple and Charles Schwab
One of the world’s largest asset managers, managing $8.5 trillion in client assets. Charles Schwab He announced that he intends to offer cryptocurrency services if regulatory hurdles are not a problem. The report shared by Bloomberg means the company may follow in the footsteps of others and launch cryptocurrency products. The total value of just the shares of the US-based financial giant is over 117 billion dollars.
If we see that this giant US-based company also begins to offer cryptocurrency services to its customers, this could mean more cash inflow into cryptocurrencies, up to at least 10 billion dollars.
Another message regarding regulatory clarity came from the Ripple front. SEC‘s deadline for appeal expires on October 7, and for years Ripple has had a hard time under regulatory pressure. At the time of writing Ripple CEO Brad Garlinghouse wrote;
“Regulatory clarity is what businesses want and customers need. The UAE understands this very well.”
For a long time, it was rumored that companies such as Ripple and Coinbase could move their headquarters to countries that provide a much more crypto-friendly stance, such as the UAE and Qatar. Ripple, which managed to receive in-principle approval for its service license from the Dubai Financial Services Authority, gives the message in today’s announcement that the possibility of moving is not off the table.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
