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Home»Reddit»Ripple has been licensed by the Dubai Financial Services Authority (DFSA) to bring its cross-border payments solution to businesses in the Middle East
Reddit

Ripple has been licensed by the Dubai Financial Services Authority (DFSA) to bring its cross-border payments solution to businesses in the Middle East

May 2, 2025No Comments
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Ripple has been licensed by the dubai financial services authority
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Key Points:

  • The Middle East is a growing hub for crypto adoption, driven by progressive regulation and technological advancements.
  • 85% of finance and enterprise firms in the region have increased confidence in digital assets, with 97% expecting a significant impact on business in the next three years.
  • Ripple's research shows that 40% of finance and enterprise firms in the MEA already use a digital asset custody solution, with 56% planning to implement it within the next three years.
  • Ripple's presence in the Middle East is expanding, with a growing global customer base and a focus on offering regulated cross-border crypto payments in the UAE.



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