đ Ripple's UAE Adventure: A License to Thrill! đ
- Ripple has snagged in-principle license approval from the Dubai Financial Services Authority (DFSA), setting the stage for a full license in the UAE.
- Once fully licensed, Ripple will offer cross-border payment services for both fiat and digital assets in Dubai's International Financial Center (DIFC).
- CEO Brad Garlinghouse praised the UAE's forward-thinking regulatory approach, positioning Dubai as a global fintech leader.
- Dubai's strategic location will serve as Ripple's hub to tap into booming crypto markets across the Middle East, Africa, and South Asia.
Source: Ripple