United

Dubai

<ul class="wp-block-list news-points">
 <li><strong>Ripple has secured in-principle approval of a financial services license in Dubai.</strong></li>
 <li><strong>The firm will be able to expand its services in the Dubai International Financial Centre.</strong></li>
 <li><strong>Ripple has partnered with Al Ansari Exchange, UAE Exchange, and other firms in the past.</strong></li>
</ul>
<p>Ripple, the US-based fintech firm, continues to expand its presence in the United Arab Emirates (UAE). On October 1st, the company announced it received in-principle approval for a financial services license from the Dubai Financial Services Authority (DFSA). This license will allow Ripple to offer its payment services in the UAE.</p>
<p>Ripple <a href="https://x.com/Ripple/status/1841013971676967283" target="_blank" rel="noopener noreferrer nofollow">announced</a> on X (formerly Twitter) that the approval will allow it to expand its services within the Dubai International Financial Centre (DIFC), strengthening its “global footprint as a regulated entity.” This is not the first time Ripple has made a significant move in the region.</p>
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   <p lang="en" dir="ltr">We’re delighted to have secured in-principle approval of a financial services license from Dubai Financial Services Authority, unlocking our end-to-end managed payments services in the UAE. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f30d.png" alt="🌍" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1e6-1f1ea.png" alt="🇦🇪" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/4zq8YPlgaG" target="_blank" rel="noopener noreferrer nofollow">https://t.co/4zq8YPlgaG</a></p>— Ripple (@Ripple) <a href="https://twitter.com/Ripple/status/1841013971676967283?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 1, 2024</a>
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<h2 class="wp-block-heading" id="h-partnerships-with-uae-remittance-services">Partnerships with UAE Remittanc…</h2>
<p>The post <a href="https://coinedition.com/ripple-expands-in-uae-with-new-financial-services-license/" rel="noopener noreferrer nofollow">Ripple Expands in UAE with New Financial Services License</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ripple Expands in UAE with New Financial Services License

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