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RAK BANK has received preliminary approval from CBUAE to issue an AED-backed stablecoin, marking a significant step in crypto adoption in the UAE.

RAK BANK has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed stablecoin.

CryptoPolitan

UAE RAK BANK receives in principle approval to launch AED stablecoin

UAE RAK BANK receives in principle approval to launch AED stablecoin

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