RippleNet cements presence in MENA by partnering with Morocco’s biggest bank.

[NoorulHuda]

Ripple is making biggest partnerships.
And many big projects are coming on Ripple Blockchain.

Attijariwafa Bank, Morroco’s largest banking institution with almost $53.3 billion worth of assets under management, has joined RippleNet network to improve its payment systems, according to local news media.

Source: https://ambcrypto.com/ripplenet-cements-presence-in-mena-by-partnering-with-moroccos-biggest-bank/

[noorman0]

Whether it's because I'm too pessimistic, I'm not too sure there will be a significant positive change in altcoin performance (especially ripple) thanks to this country. My curiosity about Moroccan enthusiasm after reading this announcement, while so far I have never heard the word Morocco associated with any crypto news.

Let me cite some facts about the Moroccan country that doesn't support major changes based on cointelegraph reviews:

The Kingdom of Morocco is the leader for Bitcoin trading across North Africa in 2021— despite its illegal status.

...state that 0.9 million people, or roughly 2.4% of Morocco’s total population, currently own cryptocurrency.

According to Morocco’s Foreign Exchange Office, it will not support a “hidden payment system that is not backed by any financial institution.”

Middle eastern countries are still thick with Islamic religious law, which incidentally views crypto as producing negative impacts that are contrary to their teachings.