UAE Central Bank Approves Issuance of Stablecoin Regulation

According to recent reports, the Central Bank of the UAE approved the issuance of a regulation for licensing and overseeing stablecoins and a series of policies aimed at supporting the banking, insurance, and financial services sectors. The meeting also reviewed CBDC (Central Bank Digital Currencies), the digital Dirham, which is part of the Central Bank’s […] source: https://www.cryptopolitan.com/uae-central-bank-approves-issuance-of-stablecoin-regulation/