Ripple is establishing a new partnership with Bahrain Fintech Bay (the country's leading fintech incubator and ecosystem platform) to expand its business in the Middle East, as part of its efforts to integrate blockchain and stablecoin infrastructure into regulated financial markets.
This move, based on Ripple's license obtained earlier this year from the Dubai Financial Services Authority (DFSA), highlights the growing demand in the Gulf region for institutions to adopt digital asset technology within a clear regulatory framework.