.bgarlinghouse sets sail for the Dubai Fintech Summit to tackle cryptocurrency challenge
Dubai, home to more than a fifth of the world's fintech businesses, strives to offer a platform for startups, investors, and industry leaders to capitalize on the expanding FinTech market.strong presenceSeveral banks and financial institutions in the area, such as the National Bank of Fujairah and the Saudi British Bank, have joined forces with Ripple in order to utilize its blockchain-based payment solutions for cross-border transactions.
At one point, Ripple considered moving its global headquarters from San Francisco to another country, with Dubai emerging as a strong candidate. However, the company ultimately decided to maintain its base in San Francisco.
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