Ripple, a prominent crypto payments infrastructure provider, has received in-principle license approval from the Dubai Financial Services Authority (DFSA). This approval allows the company to establish a presence in the United Arab Emirates (UAE). On Oct. 1, Ripple announced that it secured this in-principle license, which is a necessary step toward obtaining a full license in Dubai. Once fully approved, Ripple will offer cross-border payment services for both fiat and digital assets within the Dubai International Financial Center (DIFC), a special economic zone in Dubai. In its official statement, Ripple said: “This milestone significantly strengthens Ripple’s global footprint as a
