The Saudi Arabian Monetary Authority (SAMA), the central bank for the Kingdom of Saudi Arabia (KSA), has entered an agreement with Ripple to launch a sweeping blockchain pilot that will see regional participating banks use Ripple’s enterprise blockchain for ‘instant’ international payments, the KSA’s central bank will also offer Saudi banks with ‘program management and training’, Ripple confirmed, underlining the bullish endeavor by the central bank to adopt blockchain technology
Is this news legit? Because recently I read this article from other forum site and this is another great news for ripple (xrp) so we can expect another pump up? Ripple continue to spread all over the world and now it has an agreement Saudi Arabian Monetary Authority (SAMA).
