Big news for Ripple! They just got official permission to offer cryptocurrency payments in Dubai, a city in the United Arab Emirates (UAE). This is a huge step for crypto because it shows governments are starting to trust it more. It's like getting a special license to do business there!
- Ripple can now help businesses in the UAE send and receive money using crypto.
- This makes Ripple the first company of its kind allowed to operate in Dubai's special business area.
- Many companies, even regular banks, want to use Ripple's technology for faster, cheaper international payments.
| Fact | Detail |
|---|---|
| Location | Dubai, UAE |
| Company | Ripple |
| Permission | Official license to operate |
