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

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

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Published:
Koala on a transparent globe with XRP tokens inside.
Created by Kornelija Poderskytฤ— from DailyCoin
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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

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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.

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Kyle Calvert
Kyle Calvert

Kyle Calvert is a reporter for DailyCoin covering all Ripple (XRP) developments and market analysis. Kyle's has major XRP holdings, moderate in Solana and Ethereum, and minor holdings across 20+ other cryptocurrencies.

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