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📢 Attention VASPs: #NFT Marketplace Services Licensing Requirement Alert! 📢 If your VASP in Dubai that possess NFT Marketplace Commercial Licences, it compulsory to adhere to regulatory guidelines to maintain operational integrity within the VARA framework. Entities with NFT Marketplace Commercial Licences, must obtain license from VARA depending on the exact activities of the marketplace. For the issuance of NFTs, the Category 2 Issuance Approval is required, and it is imperative that VASPs adhere to these regulations to maintain operational integrity within the VARA framework. ♦️Contact us to learn more about how licensing services can ensure compliance and operational efficiency for your crypto business ✅Drop us a Line: ➡️[email protected] , #VARA #NEW #NFT #License #Virtualassets #Regulatory #Compliance #Dubai

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Interoperability between Central Bank Digital Currency systems and fast payment systems is crucial. The World Bank's technical perspective report highlights the growing traction of CBDCs worldwide. #CBDC #WorldBank #DigitalCurrency #Interoperability The World Bank World Economic Forum CBDC Restigouche CBDC Digital Euro Association The Digital Dollar Project Digital Currency Group MIT Digital Currency Initiative (DCI) Prasanna Lohar FSV Labs FSV Capital

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Tether is making a major move by launching an AED-backed stablecoin on the TON network, Telegram's blockchain! 🌐 This move is set to transform retail access to stablecoins and boost the UAE 🇦🇪 crypto ecosystem. Here's why it matters: 1️⃣ TON Network - Record Speed:   TON is the fastest blockchain to reach $1 billion in USDT transactions and is integrated with Telegram, which has 700 million active users worldwide. 🚀 2️⃣ Unlocking Retail Power:   TON has attracted retail attention with its popular “tap-to-earn” dApps, like Hamster Combat, Meta Legends, and TON Slingshot. This makes it an ideal platform for a stablecoin that engages everyday users. 💰 3️⃣ Real Users of Stablecoins:   While stablecoins are known for payments, the largest users are actually crypto whales, hedge funds, and trading firms moving liquidity quickly across exchanges. 🐋 This step is set to accelerate crypto adoption and open new doors for users in the UAE and beyond. #Tether #Stablecoin #TONNetwork #Crypto

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💡 The launch of EURI, the first bank-backed MiCA-compliant stablecoin, is a major step for the digital payments ecosystem in Europe. Zug continues to be a unique gateway to global and European markets. It's a place where businesses can easily tap into a solid financial ecosystem, regulatory support, and the local expertise needed to navigate MiCA compliance. #Stablecoin #Blockchain #MiCA #Zug #CryptoValley

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🪙 Ť𝔥€ £гίĐ𝕒¥ £𝕌ηĐ Ť𝐎ⓚ€ηί$𝕒𝐭ţί𝐎η 𝕌קĐ𝕒𝐭€ 🪙 🅃🄷🄴 🄲🄾🄼🄿🄰🄽🅈 🅃🄷🄴🄼🄴🅂 🇮🇪 Stripe acquires stablecoin platform 🇺🇲 Bridge for $1.1B, expanding its digital payment capabilities. 🇺🇸 Tesla still holds $780 million in bitcoin 🇺🇸 Microsoft tables at the or AGM an investment motion for BTC 🇦🇪 Brevan Howard Digital conducts significant crypto trading from UAE due to regulatory framework 🇺🇲 Securitize enables USDC-to-USD conversion for the BUIDL fund 🇺🇲 The Depository Trust & Clearing Corporation (DTCC) unveils #DigitalAsset #Sandbox to explore opportunities to streamline digital market infrastructure with its Digital Launchpad initiative. 🇺🇲 Hashnote launches USYC on 🇺🇲 Canton Network, a $300m #TokenizedMoneyMarket fund with enhanced collateral management 🇺🇲 Hedera launches regulatory-compliant asset tokenization studio, with tools for tokenizing bonds & equities 🇳🇱 Finance Club l Part of Projective Group partners with 🇺🇲 Plume Network to tokenize over $100M in solar assets. 🇱🇮 Swarm Markets & 🇺🇲 OrdinalsBot enable physical gold trading on Bitcoin Blockchain 🇹🇭 SCB – Siam Commercial Bank launches stablecoin cross-border payments, partnering with 🇺🇲Fireblocks 🇬🇧 Legal & General explores tokenizing $1.5T in fund assets with a mission to enhance liquidity & accessibility in its fund choices. 🇦🇺 ANZ leveraging Chainlink Labs CCIP to enhance cross-chain settlement of tokenized assets under Singapore's "Project Guardian". 🌍 Tether.io makes $1.2B per quarter. 🇺🇲 BlackRock was $2B mark. BlackRock has approx 20k employees, Tether has 150 approx. 🅃🄷🄴 🄲🄾🅄🄽🅃🅁🅈 🅃🄷🄴🄼🄴🅂 🇬🇧 U.K. set to introduce stablecoin regulations within months...is a rumour knocking about ! 🇸🇬 Singapore's biggest bank DBS Bank introduces 'Token Services' to enable blockchain-based banking 🇨🇭Almost half of swiss banks plan tokenization initiatives, with 48% exploring tok. use cases & 64% involved in cryptocurrencies, according to a new survey by University of St.Gallen. 🇦🇷 Buenos Aires launches first blockchain-based digital identity for Its 3.6 million citizens 🅃🄷🄴 🄶🄻🄾🄱🄰🄻 🅃🄷🄴🄼🄴🅂 🇪🇺 European investors pour record $105B into US Bitcoin ETFs 🇪🇺 MiCA-compliant stablecoins, appropriately, now dominate euro-stablecoin market, with Circle’s EURC and Societe Generale EURCV holding 67% market share since MiCA’s June implementation. 🇪🇺 Euroclear invests in 🇸🇬 Marketnode, expanding their tokenization solutions for institutional & #Fund Administration. 🅃🄷🄴 🅆🄴🄴🄺🄻🅈 🄵🄻🄰🄶 🄷🄴🄰🅃🄼🄰🄿 🇺🇲x12 🇪🇺🇪🇺🇪🇺 🇸🇬🇸🇬 🇨🇭 🇳🇱 🇱🇮 🇹🇭 🇦🇺 🇬🇧 🇫🇷 🇦🇷 and 🇮🇪 For Prior Posts see: #FridayFundToken Check out Trrue for #RWA #Tokenisation D̾i̾g̾i̾t̾a̾l̾ ̾A̾s̾s̾e̾t̾s̾ ̾a̾r̾e̾ ̾a̾ ̾p̾r̾i̾c̾k̾l̾y̾ ̾c̾o̾n̾v̾e̾r̾s̾a̾t̾i̾o̾n̾,̾ ̾b̾u̾t̾ ̾t̾h̾e̾ ̾c̾o̾n̾v̾e̾r̾s̾a̾t̾i̾o̾n̾ ̾k̾e̾e̾p̾s̾ ̾m̾o̾v̾i̾n̾g̾ ̾!̾

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Qatar's launch of a Digital Assets regulatory framework is a clear signal of its ambition to become a leading financial hub. The country is positioning itself at the forefront of the crypto and digital asset revolution, and this framework could be a key step in attracting global investment and innovation in the space. What stands out is Qatar’s timing. While many countries are still figuring out how to regulate the crypto space, Qatar is proactively setting the stage for a digital economy. This framework provides clarity for businesses and investors, encouraging the development of blockchain technologies and digital assets in a regulated environment. For Bitcoin enthusiasts, this move is another example of how digital currencies are becoming more accepted globally. Regulatory frameworks like this help legitimize Bitcoin and other digital assets, bringing them closer to everyday use and mass adoption. With Qatar’s clear stance, businesses now have a blueprint for operating in the country, and it opens the door for further crypto integration. Qatar’s efforts to embrace digital assets could very well place it on the map as a key player in the global financial ecosystem. It will be interesting to watch how this plays out and what kind of innovation and investment it attracts in the coming years. https://lnkd.in/gNxjyaC5

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UAE Mulls Crypto Payment Ban According to industry experts, The UAE's new regulation on payment tokens could severely restrict its crypto ecosystem. Lawyer Irina Heaver believes the rules effectively ban crypto payments in the country. The regulations require stablecoins to be backed by UAE dirhams and prohibit their connection to other currencies. This contradicts the UAE's pro-commerce stance and could impact foreign investment. Heaver also noted the absence of strong industry associations in the UAE, leaving policies unchallenged. Read our new article here to find out more on this topic: https://lnkd.in/ePqBeCpr International Fintech Business (IFB) can help you enter the fintech industry. We can help you incorporate a company with a financial license in any jurisdiction or buy an existing company. Our experts can help answer any questions you may have. Contact us today! For details: [email protected] More info: ifbusiness.uk #IFB #Fintech #Crypto #CryptoCurrency #CryptoExchange #Payment #Payments 

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AED Stablecoin becomes the first entity in the UAE to issue AED-backed stablecoins, aligning with the government’s forward-thinking vision and the UAE’s Digital Government Strategy 2025. 

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❤️MeeFie Meefie stands as an innovative platform that seamlessly integrates social networking with cryptocurrency and #NFT functionalities, providing users with an unprecedented means to engage with celebrities within our cutting-edge ecosystem. Our platform empowers users to capture moments by taking selfies with celebrities, subsequently staking these images to earn rewards in the form of our proprietary digital currency, Meefie Tokens ($MFT). Additionally, users have the option to convert these captured moments into NFTs, yielding a higher percentage of returns through our staking protocol. This unique process also grants users exclusive access to celebrity concerts, meet-and-greet opportunities, exclusive merchandise, and other curated experiences. The platform is distinguished by a gamified profile tiering system, allowing users to ascend through different levels, each unlocking a spectrum of privileges and enhancing the overall user experience. This strategic integration of social engagement, and digital assets positions Meefie as a pioneering platform at the intersection of entertainment, cryptocurrency, and non-fungible tokens.   Meefie aims to provide a rewarding user experience with familiarity to online communities in a decentralised world. ✨Key info: - Multi partnered incubators & accelerators - First Meet-To-Earn Project - Premium business model with tiered access - Innovative new staking process ⚙️ Features: - Photostaking - NFT - Gamified project - AI integrated application - User-Friendly Interfaces and Tools 💵Raising: - $1.2M for product development and team expansion. 🛡Core Team: (KYC’d) - Enrick Licen | Founder & CEO | BIO (https://lnkd.in/eRqEbnrW) - John Louie Marfil | COO | BIO (https://lnkd.in/e7-i2V2j) - Mark Sibal | CFO | BIO (https://lnkd.in/eVzzETQX) - Joshua Raphael | CTO | BIO (https://lnkd.in/e25jy7kq) ℹ️Resources: Website (https://www.meefie.com/) | Whitepaper (https://lnkd.in/egexMzVE) | Tokenomics (https://lnkd.in/ejr4Xv3Q) | Token Economy (https://lnkd.in/eSqtfyBP) | Pitchdeck (https://lnkd.in/ew7v_p2d) 🎥 Videos:  Tiers (https://lnkd.in/estJqAiN) | Infovideo (https://lnkd.in/ehgXXZc6) 🖥 Socials: Telegram (https://lnkd.in/e2jvWNSd) | X (https://lnkd.in/edKK58gN) | Discord (https://lnkd.in/e62bmpNu) | Instagram (https://lnkd.in/e3AXj_qR) | Youtube (https://lnkd.in/epzXAtwB) | LinkedIn (https://lnkd.in/eKyM_6G3) ——————————————- 💥Register for event here https://lu.ma/awxcgr48

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🚨 Breaking News: Binance CEO Richard Teng Speaks Out Against Inhumane Treatment in Nigeria 🚨 We just published a must-read article about the shocking allegations surrounding the treatment of Binance's Head of Financial Crime Compliance, Tigran Gambaryan, by Nigerian authorities. In a bold statement, CEO Richard Teng condemned the denial of essential medical care, including a wheelchair, during Gambaryan's detention. This incident raises serious concerns about the safety of foreign professionals in Nigeria and the implications for the global cryptocurrency industry. 🌍💼 🔗 Read the full story on our site to get all the details and insights on this developing situation. Stay informed on how this could impact the future of international business in emerging markets. 👉 Visit us now: https://lnkd.in/dt5AuxV6 #CryptoNews #Binance #Nigeria #FinancialCrime #HumanRights #CryptoRegulation #BusinessEthics #EmergingMarkets

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𝗡𝗲𝘄 𝗰𝗿𝘆𝗽𝘁𝗼 𝗺𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴 𝗿𝘂𝗹𝗲𝘀 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝗱 𝗶𝗻 𝗗𝘂𝗯𝗮𝗶 𝘁𝗼𝗱𝗮𝘆 #Dubai has taken another step towards creating a transparent and responsible crypto ecosystem. New marketing regulations for virtual asset service providers (VASPs) come into effect today. To read the full article, visit our website. | #thecryptoradio | #regulations | #cryptocurrency | #blockchain | Virtual Assets Regulatory Authority [VARA] | NH Management | Matthew White | Geoffrey Dobson | Tao Xiao | Peter Loo | Justin Harper |

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Bitpanda, Austria’s first Unicorn, is now getting regulated by Virtual Assets Regulatory Authority [VARA] in Dubai with DMCC support, driving its MENA expansion. DMCC offers crucial regulatory guidance and networking, enabling Bitpanda's effective market navigation. As Europe’s leading cryptocurrency exchange platform, Bitpanda is nearing the final stages of securing its FSP (Financial Service Provider) licence, poised to capitalise on the region’s thriving crypto market and Dubai’s proactive stance on emerging technologies. With net sales exceeding USD 160 million in 2023 and USD 108 million in Q1 2024 alone, Bitpanda eyes a potential record year in 2024, fuelled by MENA growth. Learn more about DMCC's crypto licences at https://lnkd.in/dwKGCvwA

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UAE Central Bank Approves AED Stablecoin for Inaugural Dirham-Pegged Token The Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework, positioning the project as the frontrunner to launch the UAE’s first regulated dirham-pegged stablecoin. AED Stablecoin's preliminary approval provides clarity on crypto payment regulations after concerns emerged regarding restrictions in the CBUAE’s latest licensing framework. The framework only permits licensed dirham-pegged tokens for payments, while prohibiting algorithmic stablecoins and privacy tokens. If fully approved, AE Coin—the stablecoin issued by AED Stablecoin—could act as a local trading pair for cryptocurrencies on both exchanges and decentralized platforms, while also enabling merchants to accept it for goods and services. Stablecoin Issuance Requirements: The CBUAE’s framework mandates that issuers must: Fully back stablecoins with cash held in escrow in UAE banks, or Hold at least 50% of reserve assets in cash, with the remainder invested in UAE government bonds or CBUAE Monetary Bills with a maturity of up to six months. Competition on the Horizon While AED Stablecoin is currently leading the race to launch the UAE’s first regulated dirham-pegged token, it faces competition from Tether, the issuer of the world’s largest stablecoin, USDT, with a $120 billion market cap. Tether has partnered with Phoenix Group and Green Acorn Investments to introduce its own dirham-backed stablecoin, reflecting the growing interest in stablecoins within the UAE. UAE’s Crypto-Friendly Environment The UAE’s crypto-friendly regulatory environment has been attracting key players in the global blockchain space, underscoring the country’s ambition to become a hub for digital assets and payment innovations. With the green light from the CBUAE, AED Stablecoin could become a pioneer in this evolving landscape, offering a regulated bridge between traditional finance and the crypto economy. #crypto #Bitcoin #Blockchain #USDT

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The existence of compliant centralized stablecoins will help TradFi users engage with digital assets seamlessly and without worrying, argues Michael Egorov https://lnkd.in/gwGrhPkt

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What is the difference between Dubai’s Virtual Assets Regulatory Authority [VARA] and Abu Dhabi Global Market (ADGM)’s crypto licensing rules? This useful and practical summary by the team at ACX Compliance can hopefully help: https://lnkd.in/gzmXmEQV Simply reach out to Ohannes Kouyoumjian or David Bequette to learn more if interested. Being asked this question multiple times a day now so sharing in case can add value to many of you! Wish everyone a productive week in #Dubai for TOKEN2049! #crypto #regulations #Token2049

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