Ripple obtains the DFSA license in the United Arab Emirates

• Ripple has obtained an important license in the Middle East after receiving the regulatory approval of the Dubai Financial Services Authority (DFSA).
• The license allows Ripple offering regulated payments and services within the Dubai International Financial Center (DIFC).

Ripple advertisement On March 13, 2025, obtaining an important license in the Middle East. The Dubai Financial Services Authority (DFSA) authorized Ripple to offer regulated cryptocurrency payments and services within the Dubai International Financial Center (DIFC).

Ripple becomes Blockchain’s first payment provider to obtain this crucial DFSA license.

Ripple obtains a license in the Middle East, a milestone

This approval of the DFSA marks another fingerprint in Ripple in the Middle East, adding to a presence that includes important alliances in the region. Improves the recognition of XRP creator and aligns with Ripple’s plans to expand its global client base. The license also represents a potentially huge opportunity for the adoption of XRP.

“We are entering an unprecedented growth period for the cryptocurrency industry, promoted by greater regulatory clarity worldwide and a growing institutional adoption,” said Brad Garlinghouse, executive director of Ripple.

“Thanks to their early leadership in the creation of an environment conducive to technological innovation and in cryptocurrencies, the EAUs are exceptionally well positioned to benefit.”

A 2024 Ripple survey revealed that 64% of financial leaders in the Middle East and Africa (MEA) consider that the fastest payments are the definitive application for Blockchain -based currencies. It is not surprising, then, that more than 82% of Mea’s financial directors claim to have “a lot or extremely confidence” in the integration of this technology in its operations.

“Dubai and the United Arab Emirates in general have established themselves as leaders in the promotion of a progressive and well -defined regulatory framework for digital assets,” said Reece Merrick, general director of Ripple for the Middle East and Africa.

Merrick added:

“Obtaining this DFSA license is an important milestone that will allow us to better meet the growing demand for faster, economic and transparent cross -border transactions in one of the world’s largest cross -border payment centers.”

This license will be very beneficial for the Ripple Rlusd stable currency, which the company launched at the end of last year. Like other stable currencies, RLUSD could boost the adoption of cryptocurrencies in the United Arab Emirates, allowing users to access real -time settlement of cross -border payments and remittances.