Company to provide regulated blockchain-based payments in Dubai’s financial hub.
Ripple Gains DFSA, Regulatory Approval in UAE
Ripple has received a Dubai Financial Services Authority (DFSA) license to offer regulated crypto payments in the Dubai International Finance Centre (DIFC), marking its first license in the Middle East.
A Strategic Move in a Key Market
With the UAE serving as a $400 billion+ hub for international trade, Ripple’s blockchain-based solutions will address inefficiencies in cross-border payments such as high fees and slow settlements.
Strengthening Global Compliance and Adoption
Ripple’s DFSA approval adds to its 60+ regulatory approvals worldwide, reinforcing its commitment to compliant blockchain solutions. The company continues to expand globally, integrating crypto into financial services.
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