Ripple Latest News: RLUSD Gets Green Light for Middle East Institutional Rollout
4 Articles
4 Articles
Ripple’s Stablecoin Secures Regulatory Approval in Abu Dhabi, Expanding Use Across the UAE News ETHNews
Ripple’s USD-backed stablecoin, RLUSD, has received formal regulatory approval from the Financial Services Regulatory Authority (FSRA) for use inside the Abu Dhabi Global Market (ADGM). The designation allows FSRA-licensed institutions to integrate RLUSD into regulated financial activities, including payments, collateral operations, and settlement processes within the international financial center. Strengthening Regulatory Standing in the UAE T…
Ripple RLUSD Approval Advances as Upbit Confirms $37M Hack
Ripple received formal recognition for its RLUSD stablecoin within Abu Dhabi’s ADGM as Upbit reported a $37 million Solana wallet breach, presenting two major developments shaping crypto activity across the region. Ripple RLUSD Approval Expands Access in Abu Dhabi Ripple secured a new milestone after the Financial Services Regulatory Authority recognized RLUSD as an Accepted Fiat-Referenced Token within the ADGM. The authorization allows its use…
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