CandleFocus Ripple CEO Highlights Company's Latest Milestone
2024-10-01
Author: Content Editor
Ripple CEO Brad Garlinghouse announced that Ripple has secured approval from the Dubai Financial Services Authority (DFSA) to expand its payment services in the UAE. This makes Ripple the first blockchain-powered payment provider to achieve this regulatory milestone. Garlinghouse emphasized the importance of regulatory clarity and praised the UAE as one of the most crypto-friendly jurisdictions. Ripple has had a strong presence in the MENA region for years, thanks to adoption of its products and crypto-friendly regulation. This latest license is seen as a pivotal moment for Ripple's operations in the Middle East, and the company aims to support the UAE in becoming a leading pro-crypto country.
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