With Coinsquare ready to add XRP, are they prepared to handle the influx of business?

Everyone, especially Canadians are very excited about Coinsquare.io indicating they will be adding XRP to their exchange in February. However, concerns from existing Coinsquare.io users are looming. Existing customers have been met with delayed withdrawals, unresponsive support ticket requests and funds being stuck in withdrawal status due to confirmation emails  not being sent out. How does Coinsquare expect to become a legitimate player in this crypto world if users funds are stuck, not being applied to accounts and cannot be withdrawn?

Cole Diamond, the CEO has been making his news rounds, the Twitter account is active, daily, yet nobody responds to serious customer issues. This is very alarming, and hopefully Coinsquare gets these issues addressed before customers start taking legal action.

We advise Coinsquare to respond to these issues immediately.

Bank of China Mulls Ripple Crypto Implementation

Bank of China is reportedly making plans to implement cryptocurrency XRP, developed by FinTech firm Ripple, for international payments.
The state-owned bank is of China’s “Big Four” state-owned commercial banks and fifth largest in the world by total assets.
The unconfirmed plans would signal strong support for regulated cryptocurrency management in the country which has previously issued crackdowns on exchanges and flirted with banning bitcoin outright.
Ripple’s XRP currency is one of a raft of new cryptocurrencies designed to transact directly and instantly globally, benefiting cross-border payments. today most such payments are processed through a chain of banks with each intermediary representing a potential point of delay, failure and cost.

“By using a digital asset like XRP that settles in three seconds or less, our clients can move money as quickly as information… Ripple is focused on fixing the inefficiencies and problems that exist in cross-border payments, regardless of whether those payments originate with a bank, corporate or another financial institution,” Brad Garlinghouse, CEO of Ripple, said.
The rumours follow news that representatives of Chinese central bank launched a US research delegation late last year to meet Ripple management directly to discuss the latest virtual currency trends and issues.

Source: https://thefinancialanalyst.net/2018/01/15/china-bank-mulls-ripple-crypto-implementation/

Crédit Agricole tests Blockchain technology with Ripple for money transfers

Several entities * of the Crédit Agricole Group are currently experimenting with Blockchain technology to facilitate money transfers including a foreign exchange transaction and thus improve the daily life of their border customers. Thanks to the Blockchain developed by Ripple, the 90,000 customers of the Regional Banks and Credit Agricole next bank (CANB) in Switzerland will be able to transfer their salary in Swiss francs to their French bank account in just a few minutes, compared to three days now. This transfer can be controlled directly via a mobile application. The Blockchain will also enable real-time settlement of transactions, greater transparency of the exchange rate applied to the transaction and reduction of structural costs.

Source: https://www.credit-agricole.com/chaines-thematiques/toutes-les-chaines-d-info-du-groupe-credit-agricole/actualites-du-groupe/le-credit-agricole-experimente-la-technologie-blockchain-avec-ripple-pour-les-transferts-d-argent