UAE Central Bank introduces new Stablecoin regulations
UAE Central Bank introduces new Stablecoin regulations coinjournal.net 23 July 2024 18:18, UTC The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purposes while foreign stablecoins will only be…