XRP has continued to record significant success on the back of Judge Analisa Torres’ ruling, which gave it a unique status following her declaration that the token isn’t a security. One such success recorded is the latest recognition of XRP by the Hong Kong Virtual Asset Consortium (HKVAC) in its latest crypto indices ranking.

HKVAC Includes XRP In Top 5 Crypto

In a statement released on October 13, the prominent rating agency stated that XRP will replace USDC and enter into the top 5 of its Cryptocurrency Global Large Top5 Index and Cryptocurrency Global Large Top5 Equal Weight Index. This top 5 index contains other foremost cryptocurrencies like Bitcoin, Ethereum, BNB, and USDT.

HKVAC noted that this change is part of its rebalancing results of the HKVAC Key Indexes and HKVAC Market Indexes. It further stated that these changes will come into effect on October 20. Other changes include excluding Cryptonex and Internet Computer and including Hedera and Maker tokens into the top 30 Cryptocurrency Global Large Market Cap Index.

HKVAC chooses the tokens that comprise these indexes based on their “market capitalization, liquidity, investability, and other key cri

Go to Source to See Full Article
Author: Scott Matherson

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details