South Korea is preparing for a surge in institutional cryptocurrency adoption, with Ripple expanding its footprint through a partnership with BDACS. “South Korea is gearing up for a wave of institutional crypto adoption,” said Monica Long, Ripple’s president, emphasizing the growing need for secure, enterprise-grade custody solutions. BDACS will implement Ripple Custody to provide a secure infrastructure for XRP, RLUSD, and other digital assets, supporting institutional adoption and fostering XRPL developer growth. This collaboration aligns with South Korea’s evolving regulatory landscape and marks a significant step in strengthening the country’s on-chain economy. Ripple’s strategic expansion in the Asia-Pacific (APAC) region highlights its commitment to advancing institutional crypto adoption and regulatory compliance.
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