Finance News

Story: Ripple XRP Policy Framework for Digital Assets in India Incumbents Can Get Live in 6 weeks

By Steven Anderson

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Ripple is going to pioneer when working with established entities, banks, settlement systems, clearing houses and others.

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Sydney Ifergan, the crypto expert in his tweet when talking about Ripple and India stated:  “India is a huge, huge consumer market, and they are developing and fast adopting.

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Ripple twitter:  “Fintech regulation that sponsors innovation & protects consumers is necessary for worldwide digital asset adoption.

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Asheesh Birla, SVP of Product and Corporate Development at Ripple, Board Member at Bitso, Board Observer at MoneyGram in the past stated, “There is likely to be a sea change…

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When asked on why Ripple has de-emphasized the token compared to other majors, Asheeh Birla stated that it is the center of their story and that they are not deemphasizing it.

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When talking about his experience working with incumbents in terms of opportunities and challenges stated that he felt that they are far ahead in the game when compared to 4 or 5…

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He also stated that even though incumbents are slow, when they are given a reason to move, they can get live on Ripple in 6 weeks.

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Banks who are looking to reinvent themselves according to Asheesh Birla can change.  He further added that he was not a skeptic and was a believer in that.

The Currency Analytics

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