Ripple will be the first blockchain-enabled payments provider licensed by the DFSA. Arif Amiri, Chief Executive Officer of DIFC Authority, commented, "We are thrilled that Ripple is deepening their commitment to Dubai by securing a DFSA licence that makes them the first blockchain-enabled payments provider in DIFC.

Cryptocurrency and blockchain solutions company Ripple aims to serve major companies in the UAE after Dubai granted it the first licence to provide regulated crypto payments and services in the Emirates,

Ripple received regulatory approval from Dubai’s Financial Services Authority (DFSA) to offer cross-border crypto payments.

Crypto payments processor Ripple receives full DFSA approval from Dubai regulators as it expands its Middle East presence.

Ripple secures a DFSA license to offer regulated crypto payments in Dubai, enhancing its role in global financial solutions.

Payments utility is also expected to drive greater stablecoin adoption in the UAE for their real time settlement value proposition.

Having established its Middle East headquarters in DIFC in 2020, more than 20 per cent of its global customer base is already operating in the region

Ripple announced that it received the DFSA license to offer regulated crypto services in the Dubai International Finance Centre (DIFC).

Ripple Secures Crypto Payments License from Dubai Regulator DIFC In a significant development, Ripple has obtained a license from the Dubai