AE Coin has secured the final Central Bank of The UAE (CBUAE) license to launch, marking a significant milestone in the evolution of digital finance. Developed under the #CBUAE’s digital payment token services framework and aligned with the UAE government’s forward-looking vision, AE Coin is set to revolutionize the financial services landscape, promising an instant, secure, stable, innovative, low-cost, and efficient #payment experience that will reshape the future of the digital economy. Read more: https://lnkd.in/duCH7bw5 AE Coin, Ramez Rafeek #FintechNewsSaudiArabia #AECoin #CBUAELicense #CBUAE #Stablecoin #Launching #DigitalPayment #Payments #Tech #Innovation #DigitalEconomy #Blockchain #DeFi #UAE #SaudiArabiaFintechNews
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AE Coin has secured the final Central Bank of The UAE (CBUAE) license to launch, marking a significant milestone in the evolution of digital finance. Developed under the #CBUAE’s digital payment token services framework and aligned with the UAE government’s forward-looking vision, AE Coin is set to revolutionize the financial services landscape, promising an instant, secure, stable, innovative, low-cost, and efficient #payment experience that will reshape the future of the digital economy. Read more: https://lnkd.in/duCH7bw5 AE Coin, Ramez Rafeek #FintechNewsEgypt #AECoin #CBUAELicense #CBUAE #Stablecoin #Launching #DigitalPayment #Payments #Tech #Innovation #DigitalEconomy #Blockchain #DeFi #UAE #EgyptFintechNews
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AE Coin has secured the final Central Bank of The UAE (CBUAE) license to launch, marking a significant milestone in the evolution of digital finance. Developed under the #CBUAE’s digital payment token services framework and aligned with the UAE government’s forward-looking vision, AE Coin is set to revolutionize the financial services landscape, promising an instant, secure, stable, innovative, low-cost, and efficient #payment experience that will reshape the future of the digital economy. Read more: https://lnkd.in/duCH7bw5 AE Coin, Ramez Rafeek #FintechNewsPakistan #AECoin #CBUAELicense #CBUAE #Stablecoin #Launching #DigitalPayment #Payments #Tech #Innovation #DigitalEconomy #Blockchain #DeFi #UAE #PakistanFintechNews
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AE Coin has secured the final Central Bank of The UAE (CBUAE) license to launch, marking a significant milestone in the evolution of digital finance. Developed under the #CBUAE’s digital payment token services framework and aligned with the UAE government’s forward-looking vision, AE Coin is set to revolutionize the financial services landscape, promising an instant, secure, stable, innovative, low-cost, and efficient #payment experience that will reshape the future of the digital economy. Read more: https://lnkd.in/duCH7bw5 AE Coin, Ramez Rafeek #FintechNewsUAE #AECoin #CBUAELicense #CBUAE #Stablecoin #Launching #DigitalPayment #Payments #Tech #Innovation #DigitalEconomy #Blockchain #DeFi #UAE #UAEFintechNews
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Zand, a digital bank licensed by the Central Bank of The UAE, has entered into a Memorandum of Understanding (MOU) with MANTRA, a Layer 1 blockchain focused on real-world assets (RWA). This strategic partnership aims to streamline the process of real-world asset tokenisation, encompassing the identification, listing, and distribution of RWAs. The collaboration between Zand and MANTRA will focus on developing comprehensive frameworks to support the tokenisation and distribution of RWAs. By establishing clear guidelines, the partnership seeks to foster trust, confidence, and widespread adoption of RWA tokenisation across the #UAE. Read more: https://lnkd.in/db4Vdbur Zand, MANTRA, John Patrick Mullin, Michael Chan 陈玉涛 #Zand #MANTRA #MOU #realworldassets #RWA #tokenization #UAE #HongKong #HK #Blockchain #AI #Technology #Innovation #Startup #VARA #corporate, #institutional #Investments #Security #wealth #Fintech #FintechnewsUAE #UAEFintechnews
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🚀 AED Stablecoin has secured in-principle approval from the Central Bank of the UAE to launch and issue its own digital currency! This milestone marks a significant step toward the UAE’s journey in embracing blockchain innovation and strengthening its position as a regional leader in financial technology. 🌐💱 With the support of the UAE’s regulatory framework, the AED stablecoin aims to unlock new opportunities in digital payments, enhance financial inclusion, and drive seamless cross-border transactions. The future of finance is here, and it’s powered by innovation! ⚡ #AEDStablecoin #DigitalCurrency #UAEFintech #BlockchainTechnology #FinancialInnovation #CentralBankUAE
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🚨 UAE Central Bank Approves Dirham-Pegged Stablecoin 🇦🇪💰 In a major step towards digital currency adoption, the UAE Central Bank has approved its first dirham-pegged stablecoin, offering a digital currency that is backed 1:1 by the UAE dirham (AED). This move is set to revolutionize financial transactions in the region by providing a secure, stable cryptocurrency that minimizes the volatility commonly seen in other digital assets like Bitcoin. The dirham-pegged stablecoin will enable: Secure Cross-Border Payments: Faster, cheaper international transfers. Stable Investment Options: Unlike volatile cryptocurrencies, this stablecoin maintains its value, making it more reliable for everyday use and investment. Regulated Digital Asset: Backed by the government, increasing trust among users and investors. This development aligns with the UAE’s vision to become a global leader in blockchain and digital finance. It opens doors to innovative applications in sectors such as real estate, e-commerce, and tokenized assets. #Blockchain #Stablecoin #DigitalCurrency #UAE #Crypto
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𝐀𝐄, 𝐔𝐀𝐄 𝐒𝐭𝐚𝐛𝐥𝐞 𝐜𝐨𝐢𝐧 𝐚𝐩𝐩𝐫𝐨𝐯𝐚𝐥 & 𝐥𝐚𝐮𝐧𝐜𝐡 - a significant development! AE Coin Stablecoin receives final approval from the Central Bank of the UAE not only enhances its credibility but also opens up opportunities for regulated digital transactions within the region. Being pegged to the Dirham (AED) adds an additional layer of stability, aligning it with a trusted fiat currency. This move could have far-reaching implications, such as: Driving adoption of blockchain-based payment solutions in the UAE and surrounding regions. Building trust in stablecoins amid global regulatory scrutiny. Facilitating cross-border trade or remittances more efficiently. It also positions the UAE as a progressive player in the global crypto and fintech ecosystem. Are you considering how this might impact the local crypto mining or payments landscape? Share your view with us. Keep following 📲 our page. Hit like 👍 button to get the updated news of crypto and blockchain world! 🖱 www.cryptominers.ae 📩 [email protected] 💡https://lnkd.in/dtAZxRK7 ⚙ https://lnkd.in/dRS9j4Rk 💢https://lnkd.in/dB7rECmT 📸https://lnkd.in/dv--mT6g ✖️x.com/cryptominersgcc ➿https://lnkd.in/d9VrDptT #AE #stablecoin #UAE #centralbank #bitcoin #mining #crypto #news
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Is UAE’s AE Coin leading the way to something Big in the digital finance space? A significant turning point for the cryptocurrency sector is here with the UAE Central Bank's approval of AE Coin, which is the nation's first regulated stablecoin. AE Coin, which is based on the UAE dirham, gives digital transactions consistency, transparency, and dependability. It is anticipated to transform cross-border payments, advance financial inclusivity, and bolster the UAE’s' standing as a global center for blockchain innovation. 🤝 For the UAE, this is a significant step in influencing the direction of financial technology in the Middle East and beyond, not just another phase in its digital transformation process. 💯 The stablecoin is a reflection of the UAE's progressive legal system and dedication to protecting consumers while promoting innovation. As someone deeply invested in crypto and blockchain, I view AE Coin as more than just another stablecoin. Why? It is a daring example. It emphasizes how increased regulation may turn digital currencies' potential into practical, observable realities. This stablecoin is an essential link between the innovation of the digital economy and the stability of traditional banking in the UAE. #UAE #blockchain #cryptoadoption
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UAE's first AED (Dirham) backed Stablecoin: AED Stablecoin LLC has received in-principle approval from the Central Bank of The UAE to launch AE Coin, the first AED backed #stablecoin under the Payment Token Services Regulation. 🚀 This aligns with the UAE’s Digital Government Strategy 2025 and will be an interesting change in the financial services in the region. This has come as a bit of a surprise to the #blockchain industry, as there was an announcement a few weeks earlier on how #Tether was working on a dirham pegged stablecoin, which many assumed would be the first in the country. With regulatory oversight from the #CBUAE, AE Coin via #blockchain, has added advantages of trust, security and transparency, which will thus accelerate the way for the future of decentralized finance (#DeFi) in the UAE. Given the fact that the #UAE recently also exempted #crypto from taxes (VAT), lot of strategic moves taking place to make the country a crypto assets hub and leader! (Please note Image is not an accurate representation of the AED stablecoin and is #AI generated.) #cryptocurrency #cryptonews #techtrends2024 #futureoffinance #fintech #fintechinnovation #technology #cryptoassets #digitalassets #dubai #abudhabi #gcc #stablecoins #innovation
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𝗔𝗘 𝗖𝗼𝗶𝗻: 𝗣𝗶𝗼𝗻𝗲𝗲𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗨𝗔𝗘'𝘀 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻 The Central Bank of the UAE has granted in-principle approval for the 𝘼𝙀𝘿 𝙎𝙩𝙖𝙗𝙡𝙚𝙘𝙤𝙞𝙣, under its Payment Token Service Regulation framework, marking a new era in the digital currency space. Officially named AE Coin, this innovative stablecoin, backed by the UAE dirham, blends the agility of blockchain with the stability of the traditional currency, setting the stage for the UAE’s vision of a robust digital economy. ✨ 𝗞𝗲𝘆 𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝗼𝗳 𝗔𝗘 𝗖𝗼𝗶𝗻: 💰 𝙁𝙞𝙖𝙩-𝘽𝙖𝙘𝙠𝙚𝙙 𝙎𝙩𝙖𝙗𝙞𝙡𝙞𝙩𝙮: Each AE Coin is fully backed by the dirham, reducing volatility. 🏛️ 𝙍𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙮 𝙊𝙫𝙚𝙧𝙨𝙞𝙜𝙝𝙩: As the first stablecoin regulated by the Central Bank, AE Coin ensures credibility and trust. 🔗 𝙎𝙚𝙖𝙢𝙡𝙚𝙨𝙨 𝘿𝙚𝙁𝙞 𝙄𝙣𝙩𝙚𝙜𝙧𝙖𝙩𝙞𝙤𝙣: Compatible with decentralized platforms for lending, borrowing, and earning interest. 🔒 𝙀𝙣𝙝𝙖𝙣𝙘𝙚𝙙 𝙎𝙚𝙘𝙪𝙧𝙞𝙩𝙮: Equipped with multi-layer encryption and stringent compliance standards for secure transactions. 🛒 𝙀-𝘾𝙤𝙢𝙢𝙚𝙧𝙘𝙚 𝙍𝙚𝙖𝙙𝙮: Supports secure payments across e-commerce platforms, with a mobile wallet in development. ⚡ 𝘾𝙤𝙨𝙩-𝙀𝙛𝙛𝙚𝙘𝙩𝙞𝙫𝙚: Enables fast, low-cost transactions, benefiting businesses and consumers alike. If fully approved, AED Stablecoin’s AE Coin could serve as a local trading pair for cryptocurrencies in exchanges and decentralized platforms, while allowing merchants to accept it for goods and services. Congrats Ramez Rafeek #Blockchain #AEcoin #DigitalEconomy #DeFi #Fintech #Stablecoin #UAECentralBank #Innovation #Ecommerce
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