CryptoDubai International Financial Center Free Trade Zone Approves XRP, TON

Dubai International Financial Center Free Trade Zone Approves XRP, TON

Author: Andrew

The Dubai Financial Services Authority (DFSA) recognized two more tokens on November 2, adding XRP (XRP) and Toncoin (TON) to its list of recognized tokens. They join Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) as coins recognized in the Dubai International Financial Centre (DIFC).

The tokens’ new status will allow financial institutions in the DIFC to transact with them. The special economic zone is home to more than 4,000 companies. Ripple will open its MENA headquarters in the DIFC in 2020.

Share This Post

Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

Related Posts

Why is AVAX So Popular?

Avalanche (AVAX) has quickly become one of the most...

Is Avalanche a Good Crypto to Buy?

Cryptocurrency has evolved from being a niche investment to...

What Does Avalanche Crypto Do?

In the rapidly evolving world of cryptocurrencies, it is...

Bitcoin Arbitrage and Yield Strategies Revolutionize Trading Landscape

Bitcoin trading is evolving with new arbitrage and yield-generating...

Whales Scoop Up 750 Million DOGE as Analysts Forecast Major Dogecoin Rally

Dogecoin has seen significant activity from large investors, or...

Gemini Considers IPO Amid Growing Crypto Sector Support Under Trump Administration

Gemini, the cryptocurrency exchange and custodian backed by the...
Previous article
Block’s Q3 earnings beat expectations: Shares soar in after-hours trading
Next article
Ex-crypto mogul Sam Bankman-Fried convicted in FTX billion scam

Welcome to [Chaincryptocoins], where the future of finance is at your fingertips. In this dynamic era of digital innovation, we invite you to embark on a journey into the exciting world of cryptocurrencies.

2023 © Copyright chaincryptocoins.com