Ripple announced on Nov. 2 that the XRP token has been approved under the Dubai Financial Services Authority (DFSA)’s virtual assets regime.
That approval means that virtual asset firms will be able to make use of XRP if they are licensed within the Dubai International Financial Centre (DIFC) area — a special economic zone and financial hub in the United Arab Emirates’ largest city.
Brad Garlinghouse, the CEO of Ripple, said:
“It’s refreshing to see the DFSA encourage the adoption and…
