UAE central bank has approved new licensing for dirham-backed stablecoins. The licensing system is part of UAE’s broader Financial Infrastructure Transformation (FIT). The Dubai regulator updated the rules to allow limited investments in unrecognized tokens. The Central Bank of the United Arab Emirates (CBUAE) has approved a new regulatory framework to oversee and license stablecoins, […]
The post UAE central bank introduces licensing system for stablecoins appeared first on CoinJournal.
Go here to Read this Fast! UAE central bank introduces licensing system for stablecoins
Originally appeared here:
UAE central bank introduces licensing system for stablecoins