Here is our pick of the 3 most important XBRL news stories from the last week.  1  Choppy waters or smooth sailing? The Bank...

Ripple is expanding its presence in the MENA region after deciding to connect with Egypt’s national bank and Dubai's Lulu Exchange.

Ripple has announced a new partnership with the largest bank of Egypt, the National Bank of Egypt (NBE) for the financial institution to use the firm’s RippleNet to connect with the UAE-based financial services provider LuLu Exchange. According to an announcement published by the firm, the partnership’s goal is to help NBE process cross-border transactions […]

The National Bank of Egypt (NBE) has partnered with Ripple (XRP) to establish a cross-border payments corridor with the United Arab Emirates via RippleNet, according to a press release published on Tuesday.

The post Ripple helps establish payments corridor between Egypt and UAE appeared first on CryptoSlate.

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OCC hints it could become less friendly towards crypto than it was during the time of Brian Brooks as we are reading more in our latest cryptocurrency news today. The acting comptroller of the currency Michael Hsu called out for a review of the crypto guidance that was issued by the agency under Brian Brooks. […]

The National Bank of Egypt (NBE), Egypt’s largest and oldest bank, has inked a partnership deal with blockchain-based company Ripple, to utilize the latter’s digital payment solution, RippleNet, in order to facilitate cross-border transactions.  NBE Uses RippleNet for Cross-Border Payment Settlements  Ripple announced the partnership deal via a press release on Tuesday (May 18, 2021).Read More

The largest bank in Egypt, the National Bank of Egypt (NBE), is the latest financial institution to join RippleNet — Ripple’s blockchain payment platform — to enable cross-border payments. NBE Is Now A Ripple Customer In an announcement on Tuesday, Ripple revealed that NBE will use the San Francisco-based firm’s blockchain technology to power a […]

As Ripple continues with its ongoing legal battle against the SEC in the US, the blockchain company has partnered with Egypt’s largest and oldest bank – the NBE. By utilizing RippleNet and the financial service provider LuLu, the National Bank of Egypt will process cross-border payments from the UAE to the African country. Ripple and […]

RippleNet will be used for remittance payments between the UAE and Egypt after Ripple and the National Bank of Egypt doubled down on their relationship.

The companies are planning to use Ripple’s global payments network for cross-border transactions.

SoFi, a top US-based Fintech unicorn, is expected to trade on the Nasdaq on June 1st, according to a public statement. As was...