Ripple has taken a major step in its global expansion plans by securing regulatory approval in the UAE and obtaining a Dubai Financial Services Authority (DFSA) license to offer cross-border crypto payment services in Dubai.

Ripple (CRYPTO: XRP) on Thursday announced it has secured authorization from the Dubai Financial Services Authority (DFSA) to deliver regulated cryptocurrency payment services within the Dubai International Finance Centre (DIFC),

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.

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 just secured a Dubai Financial Services Authority (DFSA) license to provide regulated crypto payments in the Dubai International Financial Centre (DIFC), according to a press release on Thursday.

Ripple secures DFSA license, entering the $40B UAE payments market to offer blockchain-enabled crypto services in the DIFC.

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

Ripple, the company behind the XRP (XRP-USD) cryptocurrency, secured regulatory approval to offer crypto payments and services in the United Arab Emirates, making it the first blockchain-enabled payments provider licensed by the Dubai Financial Services Authority,