Does The UAE Ban Crypto Payments?

28/06/2024 6 min
Does The UAE Ban Crypto Payments?

Listen "Does The UAE Ban Crypto Payments?"

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This story was originally published on HackerNoon at: https://hackernoon.com/does-the-uae-ban-crypto-payments.
The Central Bank of UAE held a meeting where they discussed a new rulebook dedicated to stablecoins.
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You can also check exclusive content about #uae-crypto-market, #stablecoin, #fiat-pegged-stablecoins, #usdt, #crypto-regulation, #dubai, #web3, #crypto-in-the-uae, and more.


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Central Bank of UAE held a meeting where they discussed a new rulebook dedicated to stablecoins. The meeting agenda was dedicated to UAE's Financial Infrastructure Transformation (FIT) program. However, it looks like the situation is different and payments in other stablecoin (like USDT, USDC) for goods and services will be banned.


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