$XRP
$BTC Liputan6.com, Jakarta - Ripple announced that the Dubai Financial Services Authority (DFSA) approved the use of XRP at the Dubai International Financial Center (DIFC). XRP and toncoin (TON) were added to the DFSA's "Recognized Crypto Tokens" list.
This recognition is valid from 8/11/2023. The list now includes five cryptocurrencies: bitcoin (BTC), ether (ETH), litecoin (LTC), TON, and XRP, with TON and XRP added on November 2.
XRP Coin is the first virtual asset to be approved since the DFSA opened external applications. Ripple selected DIFC as its Middle East and North Africa (MENA) operational hub in 2020, capitalizing on innovation-supporting regulations and Dubai's reputation as a global financial hub.
XRP Coin can now be used in DIFC for faster global exchange of value. About 20% of Ripple customers are based in this region. Dubai's other crypto regulator, the Virtual Assets Regulatory Authority (VARA), oversees crypto activities in the Emirate of Dubai, except for the Dubai International Financial Center
