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Ripple gains first Middle East license, enabling regulated crypto payments in Dubai.
Ripple has been granted a license by the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments in the Dubai International Financial Centre (DIFC).
This is Ripple's first license in the Middle East, allowing the company to provide its compliance-focused payments product to businesses in the UAE.
The move comes as demand grows for solutions to traditional cross-border payment issues like high fees and long settlement times.
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Ripple obtiene la primera licencia de Medio Oriente, permitiendo pagos criptográficos regulados en Dubai.