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 […]
Tag: UAE
By Marco Piccolo The U.S. Securities and Exchange Commission (SEC) has officially initiated its review of the WisdomTree XRP Trust, a proposed spot ETF designed to provide investors with direct exposure to XRP. If approved, the fund would become the first U.S.-based spot XRP ETF, potentially paving the way for similar crypto investment vehicles. Trade […]
By Marco Piccolo The Dubai Land Department (DLD), a key government agency overseeing the emirate’s property market, has launched a real estate tokenization platform on the XRP Ledger in partnership with fintech firm Prypco. This pilot initiative positions Dubai as the first city in the Middle East to implement a government-backed tokenized real estate platform. […]