United Arab Emirates

Abu Dhabi rolls out dirham-backed stablecoin for public use
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30 April, 2025

Abu Dhabi rolls out dirham-backed stablecoin for public use

The proposed dirham-backed stablecoin adheres to full regulatory compliance processes and will operate under the central bank's supervision.
Digital assets popular during Eid; Digital Dirham set for Q4
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9 April, 2025

Digital assets popular during Eid; Digital Dirham set for Q4

A local report revealed a surge in digital asset gifting as part of Eidiya amid a 41% increase in downloads...
Dubai acknowledges USDC, EURC; AFS partners with Ternoa
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11 March, 2025

Dubai acknowledges USDC, EURC; AFS partners with Ternoa

Circle has revealed the approval of USDC and EURC stablecoins by the Dubai Financial Services Authority, while AFS has partnered...
Middle East, African SMEs register digital payments growth
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3 March, 2025

Middle East, African SMEs register digital payments growth

Mastercard’s latest SME report revealed that in some countries like Nigeria, 99% of SMEs accept digital payments, with the UAE...
Healthcare smart contracts to reach $10B by 2030
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17 February, 2025

Healthcare smart contracts to reach $10B by 2030

The healthcare smart contract market's growth is expected to reach $10.1B by 2030; meanwhile, Estonia is making strides in adopting...
Automated payments bring $30B for Brazil’s Pix in e-commerce
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6 February, 2025

Automated payments bring $30B for Brazil’s Pix in e-commerce

Elsewhere, Bahrain’s Arab Financial Services has received the green light to expand in the United Arab Emirates, investing $150 million...
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