Tag: DFSA
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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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Dubai Beehive and P2P Lending Platforms
Fintech Business, Beehive, is the First Peer to Peer Lending Platform to Receive DFSA Regulation DUBAI, UAE, March 5, 2017 /PRNewswire/ — New regulation key to driving growth of Fintech businesses in region Lending based crowdfunding important new route to finance for SMEs In excess of AED 75 million facilitated across 150 SME funding requests…