Ripple lands regulatory approval in Dubai unlocking $40B cross-border payments market
On March 13, 2025, San Francisco-based blockchain technology firm, Ripple, secured a groundbreaking regulatory approval from the Dubai Financial Services Authority (DFSA). This makes Ripple the first blockchain payments provider licensed in the Dubai International Finance Centre (DIFC), unlocking fully regulated cross-border cryptocurrency transactions in the United Arab Emirates (UAE) positioning Ripple to capitalize on a $40 billion cross-border payments market in the UAE, according to World Bank data. Huge news @Ripple is now DFSA licensed to offer regulated crypto payments in the @DIFC bringing the speed and efficiencies of blockchain to one of the world’s biggest trade and cross-border payments hubs. A big thank you to our partners at @DIFC and the DFSA for their early… — Reece Merrick (@reece_merrick) March 13, 2025 Founded in 2012, Ripple specializes in providing enterprise-grade payment solutions, enabling financial institutions and businesses to pro...