Regulatory · Crypto / Digital Assets · 2023

Dubai DFSA approves XRP under virtual assets regime

Ripple issued Regulatory approval affecting Dubai Financial Services Authority (DFSA) on November 5, 2023.

Primary
Ripple
Counterparty
Dubai Financial Services Authority (DFSA)
Structure
Regulatory approval
Date
November 5, 2023
Sub-sector
Crypto / Digital Assets

XRP approval by DFSA provides regulatory clarity for cryptocurrency use in financial services, positioning Ripple to expand regional payments infrastructure in MENA.

Primary company
Ripple
Amount
Not disclosed
Event date
November 5, 2023
HQ
Not disclosed
Structure
Regulatory approval
Source published
November 5, 2023
Publisher
Crowdfund Insider

Source: crowdfundinsider.com