Tag: Cross-border Remittance
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Ripple Secures Regulatory Approval in Dubai, Unlocking UAE’s $40 Billion Cross-Border Payments Market
Ripple has achieved a major milestone in its global expansion by securing regulatory approval from the Dubai Financial Services Authority (DFSA) to provide cryptocurrency payment services in the United Arab Emirates (UAE). This approval makes Ripple the first blockchain payment provider officially recognized in Dubai’s financial ecosystem, granting it access to the country’s lucrative $40…
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Cross-border Remittance and the Future of International Money Transfer
Cross-border remittance is the transfer of money from one country to another. It is an essential aspect of international trade and finance, enabling businesses and individuals to transfer funds across borders to pay for goods, services, and personal expenses. In recent years, the remittance market has grown significantly, with the rise of new companies, remittance…