BOOOOOM 💥💥💥 $XRP

#RIPPLE’s major advertising begins!

Stations across 🇺🇸 US start advertising RIPPLE

DUBAI starting advertising #ripple

#xrp GET READY ! Adoption is here 🚀🚀💥💥

Dubai's Crypto Regulation Advances with VARA's Strategic Approach

#Dubai #crypto

🚨BREAKING NEWS: Ripple Secures Full Regulatory Approval from Dubai Financial Services Authority (DFSA) for Crypto Payment Services in UAE

Ripple, a leading blockchain payment provider, has achieved full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border cryptocurrency payment services in the United Arab Emirates (UAE). The company announced on March 13 that it had obtained its DFSA license, granting it the ability to operate within the Dubai International Financial Center (DIFC), a prominent free-economic zone in the UAE with its own tax policies and regulatory framework.

This milestone comes nearly six months after Ripple received in-principle approval for the DFSA license. On October 1, 2024, Ripple disclosed its efforts to secure the license as part of its broader strategy to expand its digital asset infrastructure in the UAE. The approval marks a significant step in Ripple's mission to enhance its presence in the region and provide innovative crypto-based payment solutions.

This development underscores the UAE's growing role as a hub for blockchain and #cryptocurrency innovation, as well as Ripple's commitment to complying with regulatory standards while expanding its global footprint.

#xrp #ripple #UAE #Blockchain #crypto #Dubai

Dubai’s Billion-Dollar Crypto Underworld:

Cryptocurrency entrepreneur Sam Lee was charged by US authorities for running a Ponzi pyramid scheme called HyperVerse, alleging he defrauded people of $2 billion. But instead of facing trial in the US, Lee now lives in Dubai, where he’s pitching new crypto products.

Lee denies any wrongdoing. But crypto industry experts, alleged victims, and online “scam hunters” are raising questions about whether regulators in the United Arab Emirates are doing enough to combat crypto fraud as Dubai seeks to position itself as a hub of finance and technology.

Emirates NBD Bank in Dubai has just launched cryptocurrency trading!

Users can now buy, hold & sell BTC, ETH, SOL, XRP & ADA. 🚀

Source: https://www.bloomberg.com/...

#Dubai #NBDBank #cryptocurrency #trading #BTC #UAE

### Bitcoin and Cryptocurrencies:
- **The Ethereum restaking protocol EigenLayer** has lost $5 billion in total value locked (TVL) within a few weeks (Journal du Coin).
- **Bitcoin exchanges** have seen significant inflows into ETFs, totaling $2 billion over nine consecutive days (Journal du Coin).

### Regulation and Security:
- The **European Securities and Markets Authority (ESMA)** has made progress in developing the digital euro, an initiative that could transform financial transactions in Europe (Une-Blockchain).
- **Hong Kong** plans to implement a licensing system for stablecoin issuers, thereby strengthening regulation in this sector (Journal du Coin).

### Technological Developments:
- **Ubisoft** has chosen Aleph.im to manage the dynamic NFTs for its new Web 3 game, further integrating blockchain into the gaming industry (Journal du Coin).

### Adoption and Usage:
- Various **blockchain adoption initiatives** continue to emerge, such as the acceptance of cryptocurrencies for purchasing real estate and luxury services in Dubai (Krypto Channel).

These developments indicate a growing adoption and significant movements in the blockchain and cryptocurrency space, affecting both asset prices and regulatory and technological infrastructure.

Carl Moon @ Dubai 😭 #carlmoon

Bitfinder.io Dany Salha @ #BlockchainLife2023 Dubai #dannysalha #bitfinder