Ripple CEO: High liquidity remittance market remains top priority, the only obstacle is regulatory clarity

Ripple CEO Brad Garlinghouse said that while any remittance market with significant US dollar-euro flows remains the top priority, the only obstacle is the clarity of regulation. He said that when we study a framework, we want clear regulation. It also hinted that India could enter its expansion list if legislators provide some clearer information in regulating the market. Prior to the news on January 14, Ripple partner MoneyGram has partnered with Indian company EbixCash to enter the Indian market and expand its remittance payment services.