Dubai Recognizes Ripple and an Altcoin: Companies Will Be Able to Add Crypto Services!

Dubai Financial Services Authority (DFSA) has officially recognized Ripple (XRP) and Toncoin (TON).

Good news for Ripple and Toncoin came from Dubai. DFSA November 2 In the announcement he made on the day, he declared that he officially recognized XRP and TON. This new status of XRP and TON institutions to transact with these tokens. will allow.

Currently in Dubai International Financial Center (DIFC), regulated by DFSA Bitcoin (BTC), Ethereum (ETH) And Litecoin (LTC) It is among the officially recognized cryptocurrencies.

Located in Dubai’s special economic zone Over 4,000 companies is available. Ripple opens the enterprise center called MENA in 2020 It opened in the Dubai International Financial Centre.

Making a statement on the subject, Ripple CEO Brad Garlinghousethis developmentpleasing” he described.

It is pleasing to see that the DFSA is encouraging the adoption and use of digital assets such as XRP to position Dubai as a leading financial services hub intent on attracting foreign investment and fueling economic growth.

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