Ripple Now in India - New Office - Cryptocurrency Update #12 - Digital Notice

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Ripple expands its daily operations to India recently.

While the cryptocurrency market is recovering nicely amid the ICO ban in China, popular cryptocurrencies, such as Ripple, are still developing and expanding their day-to-day operations. Ripple on 6th September 2017, announced that it had successfully expanded its operations to India by opening up an office in Mumbai. The new office will be directed by Navin Gupta.

“India is transforming itself into a digital economy and is an innovative leader in payments. Our new office in Mumbai, led by Navin, will allow us to respond to the rapidly-growing demand for frictionless payments by our current customers, Axis Bank and YES Bank, as well as other bank and non-banks across the country,” said Ripple CEO Brad Garlinghouse.

Ripple’s instant, cost-effective blockchain-powered payments can be a transformative component of India’s economy, helping bring the many who have limited access to payment services into the fold.

Ripple sees India as a very important role in today’s digital market, due to the country’s increased focus in developing a sustainable digital economy.

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