XRP, one of the popular altcoins, has received new developments in the US by adding support in over 28,000 retail locations.
XRP and New Opportunities
According to a recent announcement, Coinme has added support for XRP across more than 28,000 retail locations throughout the United States. Customers can now buy and sell XRP for cash. "We’ve just added XRP to 28,000+ retail locations across the US where you can buy & sell XRP with cash! The XRP Ledger continues to expand use cases for banking and remittance purposes..."
XRP Prices and Legal Disputes
Amid the news of XRP's addition to new locations, the price of the cryptocurrency has declined by 4.5% in the last 24 hours and currently stands slightly below $2.10. Over the past seven days, XRP has decreased by 3.4%.
Ripple's Comment on the Legal Case
The decline in XRP's price followed a ruling by U.S. District Judge Analisa Torres, who denied the SEC and Ripple's joint motion for an indicative ruling. Ripple's Chief Legal Counsel, Stuart Alderoty, commented on the situation: "With this, the ball is back in our court. The Court gave us two options: dismiss our appeal challenging the finding on historic institutional sales – or press forward with the appeal. Stay tuned. Either way, XRP’s legal status as *not* a security remains unchanged. In the meantime, it’s business as usual."
XRP continues to attract user attention thanks to its addition to new retail locations despite ongoing legal issues and changes in price.
