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Aware of its potential to destabilize the financial ecosystem, the Central Bank of the United Arab Emirates is taking a proactive stance by approving the launch of a licensing regime for stablecoins in the Gulf nation. [...]
The post UAE central bank approves dirham-backed stablecoins appeared first on CoinGeek.
![United Arab Emirates flag](https://coingeek.com/wp-content/uploads/2024/06/United-Arab-Emirates-680x354.webp)
Aware of its potential to destabilize the financial ecosystem, the Central Bank of the United Arab Emirates is taking a proactive stance by approving the launch of a licensing regime for stablecoins in the Gulf nation. […]
The post UAE central bank approves dirham-backed stablecoins appeared first on CoinGeek.