Retracted: NAB Leverages Ripple’s XRP for Transparent Global Payments

Retraction: DailyCoin has taken this story down after new information came to light.

Koala on a transparent globe with XRP tokens inside.
Created by Kornelija Poderskytė from DailyCoin
Retraction: DailyCoin has taken this story down after new information came to light.

DailyCoin originally reported that the National Australia Bank (NAB) had formed a partnership with Ripple. The article stated that NAB would leverage the XRP token for cross-border payments, in addition to NAB becoming a RippleNet partner and utilizing its connections.

After communication with the National Australia Bank, DailyCoin ascertained that no such partnership has been formed with Ripple.

DailyCoin apologizes for the publishing of incorrect information. An internal investigation has been launched to determine the cause and prevent any future incidents from occurring.

To hear about Brad Garlinghouse’s perspective on the recent XRP ruling, read here:

Brad Garlinghouse Hails XRP Ruling as Turning Point


To stay informed about the latest developments surrounding Binance’s Australian office search amid tightening global regulations, read here:

Binance Australian Office Searched as Global Regulatory Walls Close In

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Kyle Calvert

Kyle Calvert is a cryptocurrency news reporter for DailyCoin, specializing in Ripple, stablecoins, as well as price and market analysis news. Before his current role, Kyle worked as a student researcher in the cryptocurrency industry, gaining an understanding of how digital currencies work, their potential uses, and their impact on the economy and society. He completed his Masters and Honors degrees in Blockchain Technology within Esports and Business and Event management within Esports at Staffordshire University.