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Ripple Expands Middle East Presence as RLUSD Gains Approval in Dubai

Ripple Expands Middle East Presence as RLUSD Gains Approval in Dubai

Leave a Comment / crypto, Crypto Market, Dubai, ripple, Stablecoin, uae, xrp /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has received regulatory approval to introduce its US dollar-backed stablecoin, RLUSD, into the Dubai International Financial Centre (DIFC). The approval came from the Dubai Financial Services Authority (DFSA), which oversees activities within the special economic zone. This development marks a new […]

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Ripple Scores Key Regulatory Win in the Middle East – Here’s What It Means for RLUSD

Ripple Scores Key Regulatory Win in the Middle East – Here’s What It Means for RLUSD

Leave a Comment / Blockchain News, News, ripple, uae /

Key Takeaways: Approximately 7,000 registered UAE companies can now leverage RLUSD for low-cost, efficient cross-border payments. RLUSD’s dual DFSA+NYDFS approval gives it a unique edge for global payments. UAE’s flexible rules attract stablecoin firms, unlike Europe’s strict MiCA regulations. On June 3, Ripple’s RLUSD stablecoin scored a regulatory double-win, earning approval from both Dubai’s DFSA

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Dubai crypto ambitions soar with Solana and Ripple moves

Dubai crypto ambitions soar with Solana and Ripple moves

Leave a Comment / Dubai, Regulation, ripple, RLUSD, Solana, Stablecoins, uae /

Dubai is cementing its role as a leading crypto-friendly hub through strategic collaborations with major blockchain firms. On June 3, financial authorities in the region announced different initiatives with Solana and Ripple to build on earlier efforts to integrate digital assets into its economy. These moves further position Dubai as a global center for blockchain

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Ripple partners with major UAE banks to integrate XRP into payment infrastructure

Ripple partners with major UAE banks to integrate XRP into payment infrastructure

Leave a Comment / Partnerships, Payments, ripple, Technology, uae, xrp /

Ripple has announced new partnerships with UAE-based Zand Bank and fintech firm Mamo to expand its payments service in the Middle East. This is the firm’s latest strategic move following its licensing approval from the Dubai Financial Services Authority (DFSA). The collaborations will enable Zand Bank and Mamo to integrate Ripple’s blockchain-based infrastructure into their

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Ripple Scores Key Regulatory Win in the Middle East – Here’s What It Means for RLUSD

Ripple Expands in UAE With Two New Payment Partners

Leave a Comment / Adoption, Altcoin News, ripple, uae /

Ripple has added two new partners in the United Arab Emirates as the crypto firm continues to expand its presence in the region’s financial sector. The company announced on Monday that Zand Bank and fintech firm Mamo will integrate Ripple Payments, its blockchain-powered cross-border payments platform. The announcement follows Ripple’s approval earlier this year by

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Ripple Scores Key Regulatory Win in the Middle East – Here’s What It Means for RLUSD

HashKey Secures VASP License from Dubai’s VARA to Expand in Middle East

Leave a Comment / Altcoin News, Dubai, Hashkey, uae /

HashKey Group, a prominent digital asset financial services firm in the Asia-Pacific region, has received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). The license, granted to its operating entity HashKey MENA FZE, marks the official launch of HashKey Global MENA in the United Arab Emirates and paves

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Ripple Scores Key Regulatory Win in the Middle East – Here’s What It Means for RLUSD

Circle Gets Abu Dhabi Nod—Will Its $4B IPO Follow?

Leave a Comment / Blockchain News, News, Stablecoin, uae, USDC /

Key Takeaways: Circle secures Abu Dhabi’s regulatory approval, edging closer to UAE dominance. Hub71 partnership grants Circle sandbox access and startup grants. IPO filing targets $4 billion valuation with JP Morgan and Citi Backing. Circle, the company behind USDC and EURC stablecoins, took a major step forward. Abu Dhabi’s Financial Services Regulatory Authority (FSRA) granted

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Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem

Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem

Leave a Comment / Abu Dhabi, circle, Partnerships, Regulation, Stablecoins, Technology, uae, USDC /

Circle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, announced on April 29, allows Circle to move closer to receiving a full Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM). This progress comes just months after Circle’s

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Ruya Leads as 1st Islamic Bank to Offer Crypto Investment

Ruya Leads as 1st Islamic Bank to Offer Crypto Investment

Leave a Comment / Bitcoin, crypto, digital currency, Islamic crypto, ruya, uae /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ruya, a digital bank based in the United Arab Emirates, has started offering Bitcoin and other cryptocurrency investments through its mobile app. This move makes Ruya the first Islamic bank in the world to allow direct crypto asset purchases while staying true

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