The firm plans to expand services in the European Economic Area under MiCA regulations in late 2024.
Additionally, it is seeking registration as a crypto asset firm with the UK’s FCA.
Finance Magnates, Central Bank of Ireland
The
Central Bank of Ireland has officially recognized Ripple, the company
behind the cryptocurrency XRP, by including its Irish subsidiary, Ripple
Markets Ireland Limited, in the list of registered Virtual Asset Service
Providers (VASP).
Ireland
Embraces Ripple: Central Bank Approval for VASP Status
Ripple
Markets Ireland Limited will now be authorized to offer specific digital asset
services within Ireland as a registered VASP, according to a statement released
by the company. Moreover, Ripple expressed its intention to extend its services
to clients across the European Economic Area once the Markets in Crypto Assets
Regulation (MiCA) takes effect by the end of 2024.
Eric van Miltenburg, Senior Executive, Ripple, Source: LinkedIn
The
MiCA legislation, established within the European Union, is designed to
regulate virtual asset providers operating in the region. Ripple's strategic
move to register as a VASP aligns with its broader efforts to comply with
regulatory frameworks, especially in the aftermath of the U.S. Securities and Exchange
Commission's lawsuit in December 2020, alleging violations of federal
securities laws.
Contrary
to common perceptions, Ripple has actively pursued expansion in various
jurisdictions outside the United States. The company has been operational in
Ireland since 2022, with its office located in Dublin. Additionally, Ripple is
currently in the process of seeking registration as a crypto asset firm with
the UK’s
Financial Conduct Authority.
Eric
van Miltenburg, a senior executive at Ripple, emphasized the positive impact of
regulatory clarity on the digital assets, payments, and fintech ecosystem. He
stated: "By providing regulatory clarity for the industry, Ireland – and
the EU more broadly – are boosting confidence in the digital assets, payments,
and fintech ecosystem."
Licensing
Advances in Singapore, Dubai, and the US
In
June 2023, Ripple
successfully obtained the Major Payments Institution License application from
Singapore’s central bank, the Monetary Authority of Singapore.
Additionally, the Dubai Financial Services Authority has recently given
its nod for the utilization of XRP tokens within the Dubai International
Financial Centre ecosystem. In the United States, Ripple revealed that
it accomplished the acquisition of the majority of its 35 money transmitter
licenses in the year 2023.
The
Central Bank of Ireland has officially recognized Ripple, the company
behind the cryptocurrency XRP, by including its Irish subsidiary, Ripple
Markets Ireland Limited, in the list of registered Virtual Asset Service
Providers (VASP).
Ireland
Embraces Ripple: Central Bank Approval for VASP Status
Ripple
Markets Ireland Limited will now be authorized to offer specific digital asset
services within Ireland as a registered VASP, according to a statement released
by the company. Moreover, Ripple expressed its intention to extend its services
to clients across the European Economic Area once the Markets in Crypto Assets
Regulation (MiCA) takes effect by the end of 2024.
Eric van Miltenburg, Senior Executive, Ripple, Source: LinkedIn
The
MiCA legislation, established within the European Union, is designed to
regulate virtual asset providers operating in the region. Ripple's strategic
move to register as a VASP aligns with its broader efforts to comply with
regulatory frameworks, especially in the aftermath of the U.S. Securities and Exchange
Commission's lawsuit in December 2020, alleging violations of federal
securities laws.
Contrary
to common perceptions, Ripple has actively pursued expansion in various
jurisdictions outside the United States. The company has been operational in
Ireland since 2022, with its office located in Dublin. Additionally, Ripple is
currently in the process of seeking registration as a crypto asset firm with
the UK’s
Financial Conduct Authority.
Eric
van Miltenburg, a senior executive at Ripple, emphasized the positive impact of
regulatory clarity on the digital assets, payments, and fintech ecosystem. He
stated: "By providing regulatory clarity for the industry, Ireland – and
the EU more broadly – are boosting confidence in the digital assets, payments,
and fintech ecosystem."
Licensing
Advances in Singapore, Dubai, and the US
In
June 2023, Ripple
successfully obtained the Major Payments Institution License application from
Singapore’s central bank, the Monetary Authority of Singapore.
Additionally, the Dubai Financial Services Authority has recently given
its nod for the utilization of XRP tokens within the Dubai International
Financial Centre ecosystem. In the United States, Ripple revealed that
it accomplished the acquisition of the majority of its 35 money transmitter
licenses in the year 2023.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
$3.5 Trillion Administrator Apex Group Sets $100B Tokenization Target for 2027
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech