“Payments Utility is Also Expectioned to Drive Greater Stablecoin Adoption in the UAE for Their Real Time Settlement Value Proposition.”, – WRITE: www.coindesk.com
Dubai_skyline (pixabay)
- Ripple has recented Approval from the Dubai Financial Services Authority to Provide Regulated Crypto Payments and Services in the UAE, Making itserst Blocichane-Annebled Payments.
- Ripple has seen increasy demand in the Middle East, with AROUND 20% of ITS GLOBAL CUSTOMER BASE OPERATING IN THE REGION.
- Ripple’s dfsa License Adds to Its Over 60 Regulatory Approvals Worldwide, Including Licenses from The Monetary Authority US States.
“We are entering an unprecedated period of Growth for the Crypto Industry, Driven by Greater Regulatory Clarity AROUND OF Ripple, in a release.
“Thanks to it early leadership in creating a Support Environment for Tech and Crypto Innovation, The UAE is Exceptionally Well-Placed To Benefit.”
Ripple SAID IT HAS SEEN INCREASING DEMAND ACross The Middle East from Crypto-Native Firms and Traditional Financial Institutions, and Has AUND 20% OF ITREMATE EPTAME EPTAMER BASTOMER BASTOMER BASTOMER BASTOMER BASTOMER
Payments Utility is Also Expectioned to Drive Greater Stablecoin Adoption in the UAE, With Stablecoins Offering Real Time Settlements. That can Drive Further Growth for Ripple’s Rlusd Stablecoin – WHICH STANDS AT A $ 134 Million Capitalization as of Thursday (Meaning An Equivalent Amount in USD).
Ripple’s DFSA LICENSE ADDS TO ITS GROWING LIST OVER 60 REGULATORY APPROVals Worldwide, Including A Majoor Payments Institution License from the Monetary Authority of Singapore (Mas) Services (NYDFS) Trust Charter, A Virtual Asset Service Provider (VASP) Registration from the Central Bank of Ireland, and Money Transmitter Licenses (MTLS) Across Multiple.
XRP Prices Are Up Nearly 4% in the Past 24 Hours, Beating Gains in Bitcoin (BTC), As The Long-Running Ripple VS Sec Court Case Is Reportedly Reoaching ITS FINAL SETLEMENT STAGESS.
X Icon