UAE Stablecoin Issuer Gets Approval from Central Bank
AED Stablecoin leads the race to produce the UAE’s first regulated dirham-pegged token as Tether awaits. The Central Bank of the United Arab Emirates (CBUAE) has granted preliminary approval to AED Stablecoin under its Payment Token Service Regulation framework, according to a press release from the company. This in-principle license positions AED Stablecoin as a […]
EU Postpones Metaverse Strategy to Tackle Policy Challenges
The European Commission has delayed the release of its metaverse strategy, which will address privacy, property rights, and technical standards in virtual worlds. The metaverse, a term used to describe a collective virtual shared space, is gaining popularity in the cryptocurrency and big tech worlds. It allows users to create, explore and interact with digital […]
Crypto adverts allowed on Google again following new policy
Google’s new policy, which went into effect on August 3, now allows for the advertising of crypto exchange and wallet services. After its new financial products and services policy went into effect on August 3, Google started advertising crypto ads again. In June 2018, the global corporation banned crypto and Initial Coin Offering (ICO)-related marketing, […]