Ripple's Partnership with India: Check the Facts
The article addresses the rumors circulating about a partnership between Ripple and the Indian government:
• Clarification: The Crypto Times categorically denies any mention of an official partnership. What was stated in the previous report is that India and the UAE engaged in oil trade using local currencies, with no direct mention or relation to Ripple or the XRP currency.
However, we want to make it absolutely clear that, at the time of the cryptocurrency, we never said that Ripple has a partnership with India.
Our report did not mention or imply that Ripple is officially a party in any capacity. We exclusively addressed the confirmed fact that India and the United Arab Emirates have conducted oil trade using local currencies.
We mentioned that some sources confirmed that the XRP ledger could have been used in the backend to facilitate the transaction. However, there was no confirmation from the Indian or UAE governments, or Ripple, regarding the formation of a partnership, nor any such claims from us.