Fintech News Egypt’s Post

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

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

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

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

🚀 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

🚨 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

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

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

AED Stablecoin LLC has secured in-principle approval from the Central Bank of the UAE to launch AE Coin, the first regulated AED-backed stablecoin. AE Coin will operate under the Payment Token Services Regulation and aligns with the UAE's Digital Government Strategy 2025. By combining the stability of fiat currency with blockchain's efficiency, AE Coin aims to revolutionize financial services in the UAE. Offering secure, fast, and cost-effective transactions, AE Coin will support both decentralized finance (DeFi) applications and traditional payments, setting a new standard for digital currency in the UAE. #AEStablecoin #AEDStablecoin #DigitalCurrency #CryptoRegulation

AED Stablecoin LLC Launches UAE's First Stablecoin, AE Coin AED Stablecoin LLC has officially received approval from the Central Bank of the UAE to launch AE Coin, the first stablecoin in the UAE backed by the Dirham AED. This milestone aligns with the government’s digital strategy, offering fast and low-cost transactions, all while being fully regulated. AE Coin can be used for a variety of purposes, including B2B payments, individual transactions, and investments. With the aim of fostering economic growth and innovation, AE Coin provides a secure and efficient digital currency for the UAE. AED Stablecoin also plans to form strategic partnerships and integrate with decentralized applications (dApps) to expand its capabilities and reach. #Stablecoin #AEcoin #UAE #DigitalCurrency #Blockchain #Innovation #Fintech #EconomicGrowth #Crypto #CentralBank #DeFi #DigitalTransformation #Business