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According to multiple South Korean news outlets the Woori Bank of South Korea tested overseas remittance through Ripple and the tests were successful. The news outlets also mention that the first time that the Digital Strategy Department of the Woori Bank performed this test was back in late January and that the results have now been concluded as successful.
Furthermore, the bank claims that it wants to focus on the practical training of its foreign exchange and IT departments so that they are used to the new Ripple system.
Ripple’s CEO Brad Garlinghouse and Coinbase’s President & COO will be on the CNBC Fast Money TV Show at 5pm EST.
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Disclaimer – Thinking Crypto and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.
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