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AED Stablecoin Leads the Launch of the UAE's First Stablecoin Token. In a press release, the company announced that the Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin under its Payment Token Services Regulation framework. The approval of AED Stablecoin's initial license puts it in the lead in the race to become the first issuer of a dirham-regulated stablecoin in the UAE.
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