Ripple has been licensed by the Dubai Financial Services Authority (DFSA) to bring its cross-border payments solution to businesses in the Middle East

Key Points:

• The Middle East is a growing hub for crypto adoption, driven by progressive regulation and technological advancements.
• 85% of finance and enterprise firms in the region have increased confidence in digital assets, with 97% expecting a significant impact on business in the next three years.
• Ripple's research shows that 40% of finance and enterprise firms in the MEA already use a digital asset custody solution, with 56% planning to implement it within the next three years.
• Ripple's presence in the Middle East is expanding, with a growing global customer base and a focus on offering regulated cross-border crypto payments in the UAE.