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Blockchain

Ripple secures Dubai license to offer crypto payments in UAE



Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE).

The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone with its own tax policies and regulatory framework.

The announcement came almost six months after the company announced its receipt of an in-principle approval of the DFSA license. On…



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