Bitcoin

AED Stablecoin Gets Green Light From UAE Central Bank

1 Mins read


AED Stablecoin Gets Green Light From UAE Central BankAED Stablecoin LLC has received approval from the Central Bank of the United Arab Emirates (UAE) to launch its stablecoin, AE Coin. This makes AED Stablecoin the first entity in the UAE to issue stablecoins, aligning with the government’s digital strategy. AE Coin is a fiat-backed stablecoin, meaning each coin is backed by the AED […]

Source link

Related posts
Bitcoin

Latam Insights: El Salvador’s IMF Bitcoin-Braking Deal and Argentina’s Cyberspace Crypto Patrol

1 Mins read
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In…
Bitcoin

Euro-Backed Stablecoins Flourish Post-MiCA, Reach €800M in Monthly Volumes

1 Mins read
In 2024, euro-backed stablecoins emerged as a critical driver of growth in the European cryptocurrency market, bolstered by the implementation of the…
Bitcoin

Tether Invests in Rumble to Advance Decentralized Media

3 Mins read
On December 20, 2024, Tether revealed a strategic partnership with Rumble, a prominent video-sharing and cloud services platform listed on NASDAQ under…

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *