UAE central bank approves licensing system for stablecoins

KARM Legal Consultants founder Kokila Alagh said that the regulations clarify the issuance, licensing and supervision of AED-backed payment tokens.

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Tags: UAE central bank, stablecoin licensing, CBUAE, digital economy, financial infrastructure transformation, FIT program, AED-backed tokens, CBDC, cryptocurrency regulation, Dubai Financial Services Autho

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