Abu Dhabi, October 2024 — AED Stablecoin LLC has received in-principle approval from the Central Bank of the UAE to issue the country’s first AED-backed stablecoin, AE Coin, under the newly established “Payment Token Services Regulation” (Circular No. 2/2024, dated 7 June 2024). This milestone positions AED Stablecoin as the first entity in the UAE […]
