CBUAE
- MENA News
CBUAE Issues Sandbox Regulation to Attract Startups and Foster Innovation
The Central Bank of the UAE (CBUAE) has introduced the Sandbox Conditions Regulation, designed to attract start-ups and global fintech…
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CBUAE Board of Directors Approves New System for Licensing Stablecoins
The Central Bank of the UAE (CBUAE) Board of Directors has approved a comprehensive system for licensing and overseeing stable…
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Network International Secures SVF License from Central Bank of UAE
Network International LLC (Network), a key player in digital commerce across the Middle East and Africa (MEA) region, has announced…
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CBUAE’s Strategic Roadmap for CBDC Rollout and Stablecoins
The United Arab Emirates (UAE) has been diligently advancing its central bank digital currency (CBDC) agenda over a significant period.…
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UAE Successfully Completes FATF Action Plan, Exiting Enhanced Monitoring
The Central Bank of the UAE (CBUAE) has recently announced the culmination of the UAE’s fulfillment of the Financial Action…
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Awaiting the Outcome of the FATF Meeting: UAE Nears Exit from Grey List
It is now expected that the Financial Action Task Force (FATF) will announce, at the end of its annual meeting,…
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The UAE to Emerge as Global Fintech Hub, Insights from KARM Legal Show
The United Arab Emirates (UAE) is rapidly emerging as a global hub for Fintech, buoyed by an innovative regulatory framework…
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UAE Succeeds in First Cross-Border Payment Using Digital Dirham
Sheikh Mansour bin Zayed Al Nahyan, Vice-President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board…
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VARA Turns Dubai Into Premier Hub for Safe Virtual Transactions
In 2023, the virtual assets landscape faced considerable volatility, yet it proved to be a testament to the significance of…
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Saudi Central Bank SAMA Introduces BNPL Regulations Following UAE’s Lead
Saudi Arabia’s Central Bank, SAMA, has recently announced stringent regulations governing Buy Now, Pay Later (BNPL) activities within the Kingdom.…
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