Ripple Secures DFSA License to Enter UAE Market – A Game Changer for Dubai’s Crypto Hub?

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Ripple Secures DFSA License to Enter UAE Market – A Game Changer for Dubai’s Crypto Hub? - CoinGape

Quick Summary:

Ripple, the prominent cross-border payments provider with its flagship XRP cryptocurrency, has announced that it is entering the UAE Markets after receiving the DFSA License on Thursday.

With Ripple’s blockchain-based payment solutions now available in the UAE, financial institutions and businesses will have access to faster, cheaper, and more transparent cross-border transactions.

Dubai has been actively attracting major blockchain firms and fintech companies, with a vision to become a global Web3 and crypto capital.