UAE Approves In-Principle License to First AED Stablecoin Issuer

The Central Bank of the UAE has granted in-principle approval to AED Stablecoin, marking it as the first regulated dirham-pegged stablecoin issuer, aligning with the nation's Digital Government Strategy 2025 and overall enhancing the financial system through tokenization. source: https://cryptonews.com/news/uae-approves-in-principle-license-to-first-aed-stablecoin-issuer/