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.

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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.

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