CBUAE Grants In-Principle Approval to AED Stablecoin, Paving the Way for Regulated Dirham-Pegged Cryptocurrency

CBUAE (Central Bank of the United Arab Emirates) has granted in-principle approval to AED Stablecoin, positioning it as a frontrunner in the race to issue the first regulated dirham-pegged stablecoin.

Oct 14, 2024 - 14:20
CBUAE Grants In-Principle Approval to AED Stablecoin, Paving the Way for Regulated Dirham-Pegged Cryptocurrency
StablecoinCBUAE (Central Bank of the United Arab Emirates) has granted in-principle approval to AED Stablecoin, positioning it as a frontrunner in the race to issue the first regulated dirham-pegged stablecoin.

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