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UAE central bank introduces licensing system for stablecoins

UAE central bank has approved new licensing for dirham-backed stablecoins. The licensing system is part of UAE’s broader Financial Infrastructure Transformation (FIT). The Dubai regulator updated the rules to allow…

Tether partners with RAK DAO to advance crypto education and adoption in UAE

Tether partners with RAK DAO to promote crypto adoption and education in the UAE. The collaboration includes facilitating crypto payments & developing educational programs. Aim is to drive economic growth…

IOTA announces $100 million Ecosystem DLT Foundation in the UAE

IOTA continues strategic expansion with first DLT Foundation in the UAE’ The IOTA Foundation will allocate $100 million to the initiative. IOTA price was rallying after the news, up 50%…

Binance and Virtuzone partner to enable crypto payments in UAE

Virtuzone, the UAE’s main provider of corporate and business formation services, and Binance partnered… The post Binance and Virtuzone partner to enable crypto payments in UAE appeared first on CoinJournal.