{"id":175627,"date":"2025-10-15T16:00:04","date_gmt":"2025-10-15T13:00:04","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=175627"},"modified":"2025-10-15T13:53:11","modified_gmt":"2025-10-15T10:53:11","slug":"ripple-brings-regulated-crypto-custody-to-south-africas-banking-sector","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ripple-brings-regulated-crypto-custody-to-south-africas-banking-sector\/","title":{"rendered":"Ripple Brings Regulated Crypto Custody to South Africa\u2019s Banking Sector"},"content":{"rendered":"<p data-start=\"98\" data-end=\"508\">The <strong><a href=\"https:\/\/ripple.com\/ripple-press\/ripple-expands-global-custody-footprint-into-africa-with-absa-bank\/\" rel=\"nofollow\">partnership<\/a><\/strong> allows Absa to securely store and manage cryptocurrencies and other tokenized holdings for its clients, leveraging Ripple\u2019s regulated custody infrastructure as Africa\u2019s digital asset regulations continue to take shape.<\/p>\n<p data-start=\"510\" data-end=\"820\">This move aligns with Ripple\u2019s global strategy to support regulated financial institutions with blockchain-based infrastructure. Since launching its custody service earlier this year, Ripple has already onboarded clients across Europe, Asia, and Latin America, and now aims to extend its footprint in Africa.<\/p>\n<p data-start=\"822\" data-end=\"1227\">The collaboration also complements Ripple\u2019s broader African initiatives, including partnerships with payment platforms like Chipper Cash and the rollout of its USD-backed stablecoin, RLUSD, in regional markets. Ripple\u2019s New Value Report for 2025 highlights that 64% of financial leaders in the Middle East and Africa see blockchain integration as a way to speed up settlements and cut transaction costs.<\/p>\n<p data-start=\"822\" data-end=\"1227\"><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-175568\" href=\"https:\/\/cryptodnes.bg\/en\/nasdaq-listing-marks-milestone-for-owltings-stablecoin-ambitions\/\" title=\"Nasdaq Listing Marks Milestone for OwlTing\u2019s Stablecoin Ambitions\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/1538-5d0131258c78e-240x170.\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Nasdaq Listing Marks Milestone for OwlTing\u2019s Stablecoin Ambitions<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p data-start=\"1229\" data-end=\"1550\">With over 60 regulatory licenses worldwide, Ripple provides the compliance reassurance that many banks seek when entering digital asset markets. Once operational, Absa will be among the few major banks in Africa offering regulated crypto custody, marking a significant milestone for the continent\u2019s financial ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Absa Bank has become the first major African institution to adopt Ripple\u2019s digital asset custody services, signaling a rising appetite for tokenized assets on the continent.<\/p>\n","protected":false},"author":9,"featured_media":143616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28],"tags":[424,71],"coin_category":[],"class_list":["post-175627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-crypto","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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