Ripple secures an in-principle license from the Dubai Financial Service Authority (DFSA), making it the first blockchain-based company to be licensed by the regulator. 

Through this license, Ripple aims to expand its payments service from the Dubai International Financial Centre (DIFC) into other parts of the United Arab Emirates (UAE) while enhancing its operations in the Middle East. 

It is worth noting that the approval officially makes Ripple the first blockchain-based business to be licensed by the DFSA.  

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