Ripple gains DFSA approval for XRP in DIFC, enabling licensed virtual asset firms to offer XRP.
Main Points
- Ripple has received approval from the Dubai Financial Services Authority (DFSA) to use the digital asset XRP within the Dubai International Financial Centre (DIFC).
- This makes XRP the first virtual asset to be approved by the DFSA since it opened up external applications.
- XRP joins BTC, ETH, and LTC as approved assets under the DFSA’s virtual assets regime.
- Ripple’s CEO, Brad Garlinghouse, commended Dubai’s regulatory leadership and the DFSA’s support for digital assets, highlighting their commitment to fostering innovation.
- Dubai’s listing of XRP can potentially unlock new regional payment and virtual asset use cases on the XRP Ledger.
- Ripple established its MENA headquarters in the DIFC in 2020 due to Dubai’s forward-thinking regulations and global financial center status.
- The announcement coincides with Ripple Swell, a significant event in Dubai, bringing together industry experts, regulatory voices, and thought leaders.
- The event will feature speakers from the DIFC, VARA, and other global influencers in fintech, finance, and crypto.








All while Pfizer—a company with a $2.3 billion criminal fine for fraudulent marketing, bribery, and kickbacks—was given blanket immunity from liability and billions in taxpayer dollars to produce a vaccine in record time with no long-term safety data.










