Enterprise blockchain company Ripple has obtained a key license from Dubai’s financial regulatory agency, according to a Thursday press release
The company will now be able to offer regulated cryptocurrency payments within the Dubai International Financial Centre, which is a special economic zone that is considered to be one of the most advanced financial centers in the world
Ripple CEO Brad Garlinghouse has commented that the industry has now entered a period of “unprecedented” growth. The Ripple executive has lauded the UAE for fostering “a supportive environment” for crypto
It is worth noting that the company established its regional headquarters in Dubai back in 2020
The company has now secured more than 60 approvals across the globe
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
