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YOU WON’T BELIEVE What Just Happened: Dubai’s Crazy New Plan for Total Economic Domination

A futuristic cityscape with sleek skyscrapers in the background, while a businessman stands confidently at the foreground holding an AED Stablecoin card. The UAE flag waves above him as he looks out towards a massive LED screen displaying 'AE Coin' logo in bold colors.

UAE stablecoin issuer gets nod from central bank The Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework, the company said in a news release. AED Stablecoin’s preliminary license approval makes it a frontrunner in the race to become the first issuer of a regulated dirham-pegged stablecoin in the UAE.

Source: cointelegraph

The Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework, the company said in a news release. AED Stablecoin’s preliminary license approval makes it a frontrunner in the race to become the first issuer of a regulated dirham-pegged stablecoin in the UAE. This development eases concerns about potential restrictions on crypto payments, which had arisen following the […]

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