The first AED (UAE Dirham) stablecoin has been approved by the Central Bank of the UAE and is set to launch soon. In an X post, AE Coin noted that it will be the first local stablecoin to be ...

The United Arab Emirates is set to issue its own blockchain-backed central banking digital currency (CBDC) by late 2025.

The UAE has issued an ultra-rare AED100 coin with a limited-edition run of just 1,000 pieces. The Central Bank of the UAE, in collaboration with the Sultan Bin Ali Al Owais Cultural Foundation, issued ...