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Ripple Secures DFSA License, Unlocking Fully Regulated Crypto Payments in the UAE Ripple has achieved a major milestone by securing regulatory approval from the Dubai Financial Services Authority (DFSA), making it the first blockchain-enabled payments provider licensed in the Dubai International Financial Centre (DIFC). This license allows Ripple to offer fully regulated cross-border crypto payments, bringing faster, cheaper, and more transparent transactions to the $40 billion UAE remittance market. With the UAE being a global hub for international finance, this approval strengthens Ripple’s position in the region, enabling businesses to benefit from blockchain-powered payments. According to Ripple’s 2024 survey, 64% of finance leaders in the Middle East and Africa recognize faster settlement times as the biggest advantage of digital assets in cross-border payments. Since establishing its Middle East headquarters in DIFC in 2020, Ripple has expanded rapidly, with the region now accounting for nearly 20% of its global customer base. The DFSA license adds to Ripple’s growing list of over 60 regulatory approvals worldwide, including from Singapore, New York, and Ireland. This regulatory win reinforces the UAE’s leadership in fostering blockchain innovation while paving the way for a more efficient and inclusive global payments system. $XRP

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