The Dubai Financial Services Authority (DFSA) has approved the use of Ripple-linked digital assets within the Dubai International Financial Centre (DIFC). This license means that Ripple is officially recognized as a digital asset, and therefore allows licensees in the region to use it for cryptocurrencies. This represents a major development for the Ripple environment after it became the only legally recognized currency in the United States. This license could contribute to strengthening Ripple’s adoption and expanding its ecosystem. Dubai is a crypto-friendly environment, so Ripple has chosen its headquarters in the Dubai International Financial Centre, where it is seeking other licenses from other regulatory institutions such as the Singapore Monetary Authority and aims to obtain a license in the UK and Ireland. $XRP