Dubai grants regulatory approval to XRP amid the SEC tussle - News Summed Up

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Dubai grants regulatory approval to XRP amid the SEC tussle


Dubai’s inclusion of XRP opens up new possibilities for regional payments on the XRP Ledger. This decision marked the first approval of a virtual asset under the DFSA’s regime since it began accepting external applications. Ripple’s rising fortunes amid SEC’s legal battle Brad Garlinghouse, Ripple’s CEO, commended Dubai’s forward-looking regulatory approach and expressed his excitement over the DFSA’s encouragement of digital asset adoption. Furthermore, Dubai’s inclusion of XRP opens up new possibilities for regional payments and various applications on the XRP Ledger. Briefing schedule set for Ripple vs SEC Meanwhile, Ripple is not enjoying the same acceptance with US regulators.


Source: The North Africa Journal November 03, 2023 13:21 UTC



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