By Emir Abyazov The Dubai Financial Services Authority (DFSA) has approved the first tokenized QCD Money Market Fund (QCDT), a joint project between Qatar National Bank (QNB) and DMZ Finance within the Dubai International Financial Centre. Official announcement. Source: dmz.finance Focusing on project roles, DMZ Finance will initiate the project and provide specialized technology infrastructure […]
Tag: DFSA
By Marco Piccolo Ripple’s U.S. dollar-pegged stablecoin RLUSD has received regulatory approval from the Dubai Financial Services Authority (DFSA), marking a significant milestone for the company in the Middle East. The approval clears the way for RLUSD’s use within the Dubai International Financial Centre (DIFC) and enables its integration into Ripple’s DFSA-licensed payments platform. Ripple […]
By Marco Piccolo The XRP ecosystem is experiencing a significant wave of institutional momentum, with two major developments positioning both the token and Ripple, the company spearheading its ecosystem, in the spotlight. The Chicago Mercantile Exchange (CME) has officially launched regulated XRP futures, while Ripple has strengthened its footprint in the United Arab Emirates through […]