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Argentinian Crypto Exchange Ripio to Open Operations in Florida

By Simon LawsonNovember 26, 20221 Min Read
Argentinian Crypto Exchange Ripio to Open Operations in Florida
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Buenos Aires-based cryptocurrency exchange Ripio is opening operations in Florida.

The company, which has 4.5 million users and will be in business for 10 years, has received regulatory approval to operate in the state alongside Ripio Select. The offering is open to corporates, institutional investors and high net worth individuals.

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“We chose Florida because it is a very interesting cryptocurrency hub and we believe our products like Ripio Select have great potential,” Ripio CEO and co-founder Sebastian Serrano said in a statement.

Earlier this year, Florida Governor Ron DeSantis signed legislation defining and deregulating cryptocurrencies beginning Jan. 1.

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DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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Simon Lawson
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Simon Lawson has been a professional financial reporter for 6 years. He has in-depth research on the crypto industry and will release major crypto news in a timely manner.

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