Ripple has made a major announcement stating that the Dubai Financial Services Authority (DFSA) has approved the use of XRP within the Dubai International Financial Centre (DIFC).
The announcement clears the way for digital asset companies to incorporate XRP into their services.
DFSA Gives Ripple The Green Light
The announcement by Ripple comes at a time when it has seen positive developments in its ongoing battle with the United States Securities and Exchange Commission (SEC). The news means digital asset firms will be able to integrate XRP into their services. Ripple broke the news on X (formerly Twitter), stating,
“Today, the Dubai Financial Services Authority (DFSA) approved XRP under its virtual assets regime – allowing licensed firms in the Dubai International Financial Centre (@DIFC) to incorporate XRP into their virtual asset services. Licensed virtual asset firms within the DIFC will now be able to incorporate XRP into their virtual asset services.”
The news also h
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