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United Arab Emirates flag
Business 11 June 2024

UAE central bank approves dirham-backed stablecoins

Aware of its potential to destabilize the financial ecosystem, the Central Bank of the United Arab Emirates is taking a proactive stance by approving the launch of a licensing regime for stablecoins in the Gulf nation.

It's the subsidy banner from CoinGeek
Editorial 4 June 2024

It’s the subsidy!

The Cabrini-Green and Soviet collective farming were reminders that initiatives, no matter how good their intentions, were doomed to fail without incorporating principles of a free market economy.