Uphold launches new XRP incentives for retail holders in UK
The Uphold incentive is a crucial one that can bolster the arguments of those within the Ripple ecosystem at a time like this. Positioning digital currency as a utility token that can be exchanged for goods and services can notably weaken the investment security argument being peddled by the United States Securities and Exchange Commission .
XRP bore the brunt of the Ripple v. SEC legal battle for the better part of the past three years, and having scored a from Judge Analisa Torres that it is not in itself an investment contract, the reward scheme being unveiled by Uphold can help it deepen its embrace by members of the community across the board.
Uphold even went further to assure its customers that the cashback can rise as high as £100 per month and that there will be no associated foreign fees attached.Every little gesture that can bolster the adoption of the XRP coin is a big win for the digital currency ecosystem as it can ultimately translate to a higher price.
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