Ripple Exits BIS Cross-Border Payments Task Force
Ripple No Longer Member of BIS Cross-Border Payments Task Force
Ripple is no longer a member of a cross-border payments task force established under the Bank for International Settlements (BIS).
The change marks Ripple’s departure from a group focused on issues related to international payments. The task force’s work sits within the broader effort to improve how money moves across borders, including the coordination of financial institutions and payment networks.
No further details were provided about the timing of Ripple’s departure, the reason for the change, or whether it will affect the company’s other relationships with financial institutions or international policy groups.
Ripple’s former participation had placed the company alongside industry and institutional stakeholders involved in discussions about cross-border payment infrastructure. Its removal means the company will no longer take part in that task force’s activities, although the significance of the change cannot be determined from the available information.
