Saudi Arabia: Central Bank wants to cooperate with Ripple

in #steemit7 years ago

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Good news for the US startup Ripple Labs. The Saudi Arabian Central Bank wants to test its payment solution xCurrent as part of a pilot project. The aim of the test series is to enable the many guest workers as fast as possible and inexpensive transfers to their home countries. The Saudi Arabian Monetary Authority (SAMA) is the central bank of the Kingdom of Saudi Arabia. Ripple announced on Wednesday ...