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

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🇮🇳 India Demands G20 to Jointly Develop Crypto Regulation

At the meeting of the heads of financial departments of the G20 countries, India, which chairs the organization, called for a coordinated approach to the issue of crypto regulation.

A global control system is needed. This is the only way to ensure financial stability, said Indian Finance Minister Nirmala Sitharaman. The official has made similar appeals before. And now, within the framework of the G20, he is trying to get the topic of regulating the crypto world on the global agenda.

The Indian authorities are already increasing pressure on the domestic crypto market. In addition to strict fiscal policy, there is an unspoken ban on crypto advertising.

The Cricket Council, for example, recently suggested that the women's league refrain from cooperating with blockchain companies offering sponsorship for the placement of advertising content at the championship.