**Ripple is Getting Stronger in Dubai! 🚀**

- Ripple has just received the green light from the Dubai Financial Services Authority (DFSA) to expand its operations in the Dubai International Financial Centre (DIFC). This makes Ripple the first blockchain-based payment service provider to be licensed by the local regulator.

- Despite the news, the price of XRP remains stable at around $0.62. There has been no significant change in the last 24 hours.

- Ripple has continued to strengthen its position in the Middle East since establishing its regional headquarters in Dubai in 2020. Clear regulations in the UAE have allowed Ripple to grow rapidly in the Middle East, Africa, and South Asia markets.

- Salmaan Jaffery from the DIFC Authority welcomed Ripple's expansion in the region. Ripple now holds over 55 licenses worldwide, including from New York and Singapore.

- Reece Merrick from Ripple called this a pivotal moment for their operations in the Middle East and Africa region. Ripple is committed to supporting the UAE's vision of becoming a global crypto and fintech hub.

- Ripple has also partnered with the DIFC Innovation Hub to drive blockchain adoption in the region.

- XRP prices may not have moved much, but many analysts are optimistic that October could be a successful month. Curious about the latest predictions? Let's discuss in the comments column!