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Ripple Approved to Provide Cryptocurrency Payment Services in the UAE
2025-03-13 15:42
BlockBeats News, March 13th, according to CoinDesk report, Ripple announced that it has received approval from the Dubai Financial Services Authority (DFSA) to offer regulated cryptocurrency payments and services in the UAE, becoming the first blockchain payment provider licensed by the agency.
Ripple CEO Brad Garlinghouse said, "With the global regulatory environment becoming increasingly clear and institutional adoption on the rise, the crypto industry is entering an unprecedented growth phase. The UAE, with its early leadership in technology and crypto innovation, is well-positioned."
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