Ripple Labs has obtained a payments license in the United Arab Emirates, marking a significant milestone in its global expansion strategy. This development is expected to enhance cross-border payment solutions in the Middle East and North Africa region.
CROFAM SOCIAL NETWORK
Abu Dhabi's investment vehicle MGX has acquired a $2 billion stake in Binance, the world's largest cryptocurrency exchange. This investment underscores the UAE's ambition to become a global crypto hub and highlights the increasing convergence of traditional finance and digital assets.
