Ripple and XRP are on a quest for mass adoption, and things seem to be going in the right direction.
Ripple’s technology, accepted in Luxembourg
Pierre Gramegna, Luxembourg’s Minister of Finance, seems to have reportedly hinted at the acceptance of Ripple’s tech in his country.
As expected, this gave the XRP Army of fans the faith that the event could lead to mainstream adoption in Luxembourg and also other European countries as well.
Just a few days after XRP received the security clearance by the Luxembourg Private Equity and Venture Capital Association (LPEA), “Gramegna hinted on the acceptance of Ripple blockchain technology in the country,” reports TodaysGazette.
The online publication said that the Finance Minister shared a photo of himself and Chris Larsen, the Executive Chairman and Co-founder of Ripple on Twitter.
Gramegna mentioned a potential growth of Ripple in his country and other European countries as well.
“Excellent exchange of views with Chris Larsen. Looking forward to the further development of Ripple in Luxembourg and Europe”, Gramegna stated.
Reading this, it’s no wonder that Ripple and XRP fans got all excited.
More than that, the University of Luxembourg also confirmed its participation in a Ripple-funded research program at the University Blockchcian Research Initiative.