Tag: UAE

No Golden Visa for TON Investors, Say UAE Regulators

By Emir Abyazov UAE authorities dashed the hopes of Toncoin holders to obtain a golden visa through cryptocurrency staking. As a result, the token’s exchange rate fell 6% from the day’s high. Events moved swiftly after The Open Network announced that investors who staked $100,000 worth of TON for three years would be eligible for a […]

Ripple’s RLUSD Gets Green Light in Dubai as XRP Institutional Momentum Accelerates

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 […]