The crypto market has become part of the global economy

CEO Ripple in an interview with Bloomberg accused Washington of a tough policy towards the blockchain industry.

The Securities and Exchange Commission (SEC) is forcing crypto businesses to leave American jurisdiction and seek safe havens. Because of this approach, the United States will lose its status as a technological leader and influence on processes in the global economy.

The businessman criticized the SEC for the lawsuit against Ripple. If the trial ends with the victory of the Commission, the entire industry will be under threat of repression. In the meantime, businesses are migrating from the USA to Singapore, Japan, Australia, the UK and Switzerland, where conditions are being created for the development of the crypto industry.

Garlinghouse recalled the situation in the mid-1990s, when the Internet was being introduced in the United States. Then Washington chose the path of reasonable regulation. The same approach is necessary today, the head of Ripple believes.

Great information if you are in India or Dubai.

Another Day, Another Ripple partnership

"National Bank of Fujairah PJSC (NBF), has just announced its partnership with Ripple and their plans to use RippleNet for cross-border remittance payments for Indian customers. The bank will be partnering with Indian bank Indus Ind Bank.

The partnership will allow NBF customers to utilize RippleNet’s cross-border payment system for a cheaper, more transparent way to send remittance payments to India. It will also facilitate faster and more traceable payments, offering an improved experience.

NBF, is a Shariah law compliant bank, which offers commercial and retail banking options for customers. They have 18 branches across the United Arab Emirates (UAE). NBF has a large Indian customer base."

https://bitcoinist.com/ripple-....partners-with-uae-ba

Great information if you are in India or Dubai.

Another Day, Another Ripple partnership

"National Bank of Fujairah PJSC (NBF), has just announced its partnership with Ripple and their plans to use RippleNet for cross-border remittance payments for Indian customers. The bank will be partnering with Indian bank Indus Ind Bank.

The partnership will allow NBF customers to utilize RippleNet’s cross-border payment system for a cheaper, more transparent way to send remittance payments to India. It will also facilitate faster and more traceable payments, offering an improved experience.

NBF, is a Shariah law compliant bank, which offers commercial and retail banking options for customers. They have 18 branches across the United Arab Emirates (UAE). NBF has a large Indian customer base."

https://bitcoinist.com/ripple-....partners-with-uae-ba

Great information if you are in India or Dubai.

Ripple to Deliver First Real-Time Payments From Oman to India Using Blockchain

"Oman's second-largest bank, BankDhofar, joined payments network RippleNet, enabling it to connect with Pune-based IndusInd Bank for real-time mobile payments.

BankDhofar customers will be able to use its app to transfer up to 1,000 rials ( $2,600 ) to accounts in India, Ripple announced Wednesday.

India is the world's largest receiver of remittances, Ripple said, citing third-party data."

https://www.coindesk.com/busin....ess/2021/05/26/rippl

Great information if you are in India or Dubai.

Ripple to Deliver First Real-Time Payments From Oman to India Using Blockchain

"Oman's second-largest bank, BankDhofar, joined payments network RippleNet, enabling it to connect with Pune-based IndusInd Bank for real-time mobile payments.

BankDhofar customers will be able to use its app to transfer up to 1,000 rials ( $2,600 ) to accounts in India, Ripple announced Wednesday.

India is the world's largest receiver of remittances, Ripple said, citing third-party data."

https://www.coindesk.com/busin....ess/2021/05/26/rippl