Regulators Partner to Bolster UAE's Crypto Hub Status

Regulators Partner to Bolster UAE's Crypto Hub Status   news.bitcoin.com 11 September 2024 08:16, UTC United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a virtual assets hub. The agreement outlines licensing requirements for VASPs, establishes mutual supervision mechanisms, and aims to foster a stable…

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China's Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals

China's Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals   news.bitcoin.com 11 September 2024 03:43, UTC China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese…

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