UAE RAK BANK receives in principle approval to launch AED stablecoin
Jan, 07, 2026
< 1 min read
by Lara Abdul Malak
for CryptoPolitan

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AI Overview
RAK BANK has received preliminary approval from CBUAE to issue an AED-backed stablecoin, marking a significant step in crypto adoption in the UAE.
Bullish
RAK BANK has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed stablecoin.
UAE RAK BANK receives in principle approval to launch AED stablecoin
Jan, 07, 2026
< 1 min read
by Lara Abdul Malak
for CryptoPolitan

Share:
AI Overview
RAK BANK has received preliminary approval from CBUAE to issue an AED-backed stablecoin, marking a significant step in crypto adoption in the UAE.
Bullish
RAK BANK has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed stablecoin.



