Ripple has acquired approval in-principle from the Dubai Financial Services Authority (DFSA). This approval allows Ripple to take its operation outside of the Dubai International Financial Centre (DIFC) and into the rest of the UAE.Ripple RPD ServiceAfter getting this approval, Ripple plans to launch Ripple Payments Direct (RPD) in the UAE. This service is expected to enhance faster and cheaper cross border transactions for the businesses and entities in the region.This corresponds with Ripple’s vision of enabling compliance while adopting the best technology features. The company is also concentrating on enhancement of basic features. This includes managing the liquidity, storing assets safely and converting between fiat and cryptocurrencies.CEO Praises UAEBrad Garlinghouse, Ripple’s CEO, praised the UAE for its clear and forward-thinking regulatory approach. He stated:  “With its forward-thinking regulatory approach and clear guidance for innovative businesses seeking to invest and scale, the UAE is positioning itself as a global leader in this new era of financial technology.” <a href="https://cryptotale.org/ripple-secures-dfsa-approval-for-uae-expansion-report/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Ripple Secures DFSA Approval for UAE Expansion: Report

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