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UNITED STATES (VOP TODAY NEWS) – Bitcoin and other currency rates declined on Tuesday. At the same time, the Ethereum and Litecoin courses fell by more than 11%. Ripple reported that its xRapid crypto-exchange platform will be launched next month or so.

By 7:20 UTC on the stock exchange Bitfinex Bitcoin fell by 3.6% and traded at $ 6249.9 position.

The second largest capitalization of Ethereum’s crypto currency on the Bitfinex exchange fell 11.5% to $ 196.13.

At the Poloniex exchange, the Ripple exchange rate fell by 3.1% to $ 0.27244.

Head of Ripple Asia Pacific and Middle East Sagar Sarbhai said on Monday that in the next month or so, the company plans to launch the xRapid platform, which will help banks speed up transactions with Ripple.

“I’m pretty sure that in a month or so you will hear the news about the launch of our product,” Sarabhai said in an interview with CNBC.


He added that the regulatory policy for the blockbuster and crypto currency is improving, as authorities and regulators around the world are gradually assessing the benefits of crypto currency.

“A couple of years ago, all the opinions of regulators were similar: blockage is good, and crypto-currencies are bad. Now, more and more regulators and legislators view the whole industry as a whole.

I believe that the mood, fortunately, is changing, because legislators and regulators have appreciated the significant advantages of digital assets and crypto currency,” Sarabhai said.

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The Coinbase exchange is planning to recruit 130 new employees in its New York office by the end of this year. As a result, the company’s staff in New York will grow to 150 people. According to the general manager of Coinbase, Adam White, this is due to the company’s plan to improve the service of institutional investors.

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“When there is a correction in the market, which we forecast, financial institutions do not lose their interest. Everything happens just the opposite. They are looking for opportunities to enter the market when things are not going well,” Sarabhai added.