The Dubai Financial Services Authority (DFSA) has approved Ripple’s RLUSD stablecoin for use within the Dubai International Financial Centre (DIFC). This move signals growing acceptance of crypto innovation in the region and has broader implications for Ripple and the stablecoin market.
Tag: UAE
Dubai Clarifies Real-World Asset (RWA) Tokenization Rules: A Comprehensive Guide
Dubai’s VARA updates its Rulebook, providing regulatory clarity on Real-World Asset (RWA) tokenization. Learn about the requirements for issuers, the potential impact on institutional adoption, and how Dubai is becoming a hub for RWA innovation.
Real-World Asset Tokenization: OKX Exec Urges Utility Over Hype in Booming UAE Market
OKX MENA CEO Rifad Mahasneh emphasizes the importance of real-world utility in RWA tokenization as the UAE sees increasing activity and regulatory advancements in the crypto space.
Stacks Asia & Abu Dhabi Global Market: Expanding Bitcoin Adoption in the Middle East
Stacks Asia partners with Abu Dhabi Global Market (ADGM) to promote Bitcoin adoption through education and support for Bitcoin builders in the Middle East and Asia. Learn about the initiative’s goals, regulatory framework, and future plans.