A significant step towards global crypto adoption! 🌍 💸 The UAE is positioning itself as a financial hub, and the Central Bank’s approval of AED Stablecoin highlights this forward-thinking approach. The first regulated dirham-pegged token is set to benefit not only local merchants but also global businesses looking for seamless crypto payments and trading. As stablecoins reshape secure transactions, XGateway is excited to see how UAE’s crypto-friendly regulation is influencing global finance. #UAE #CryptoAdoption #Stablecoin #Fintech #Payments #XGateway #Innovation
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Big moves in the UAE! The Central Bank just gave the green light to AED Stablecoin, making it the first regulated dirham-pegged token. With over $500 billion in trade passing through Dubai alone, it's clear the UAE isn't slowing down in driving crypto innovation. Exciting times ahead! #CryptoAdoption #UAE #Fintech #Stablecoin #GlobalFinance #XGateway
A significant step towards global crypto adoption! 🌍 💸 The UAE is positioning itself as a financial hub, and the Central Bank’s approval of AED Stablecoin highlights this forward-thinking approach. The first regulated dirham-pegged token is set to benefit not only local merchants but also global businesses looking for seamless crypto payments and trading. As stablecoins reshape secure transactions, XGateway is excited to see how UAE’s crypto-friendly regulation is influencing global finance. #UAE #CryptoAdoption #Stablecoin #Fintech #Payments #XGateway #Innovation
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Crypto.com has received full approval from the Central Bank of Bahrain to operate as a Payment Service Provider (PSP) through its local subsidiary. This approval allows Crypto.com to expand its payment services in Bahrain, including e-money offerings and the launch of its prepaid cards. Bahrain has established itself as a leader in crypto regulation within the GCC, and was one of the first in the region to issue crypto asset licences. The country continues to build a world-class fintech ecosystem, supported by its Economic Development Board (EDB), which supports both new and existing businesses through strategic advice and investment promotion. Crypto.com's approval in Bahrain adds to its growing list of regulatory successes around the world. The company, which now serves over 100 million users globally, has secured licences in key markets including Dubai, Singapore, France, the UK and the US, further strengthening its role in the evolving global fintech and crypto landscape. (Image by CryptoPolititian) #Crypto #Fintech #Bahrain #CryptoRegulation #Blockchain #Payments
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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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The UAE is making significant strides in the crypto space by introducing regulations for Dirham-backed stablecoins. This initiative aims to boost digital transactions, advance the local economy, and set the stage for a future CBDC. The new regulations provide clarity and encourage innovation, positioning the UAE as a global financial hub. Discover the potential impacts on local businesses and the broader financial ecosystem. 🚀🌐 #Crypto #Fintech #UAE Read more: https://lnkd.in/e_QWYmV5
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🌐 Singapore is a trailblazer in the fintech and crypto world, offering a supportive regulatory landscape that empowers growth. For crypto businesses looking to thrive here, the MPI (Major Payment Institution) licence is the key. It enables you to provide a full suite of services—from cross-border payments to digital payment token (DPT) transactions—without limiting your potential. With an MPI licence, you gain the flexibility to scale, boost customer trust, and stay at the forefront of the crypto revolution. Future-proof your business with the MPI licence under Singapore's Payment Services Act and seize the opportunities in one of the world’s most dynamic crypto markets. 💼💡 Let's discuss! To know more: https://lnkd.in/dFFwuaZx #CryptoverseLegalConsultancy #CryptoSuccess #MPIActivities #CryptoBusiness #SingaporeFinance #DigitalCurrency #CryptoPayments #DigitalFuture #GlobalFinance #BlockchainSingapore
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🌐 Singapore is a trailblazer in the fintech and crypto world, offering a supportive regulatory landscape that empowers growth. For crypto businesses looking to thrive here, the MPI (Major Payment Institution) licence is the key. It enables you to provide a full suite of services—from cross-border payments to digital payment token (DPT) transactions—without limiting your potential. With an MPI licence, you gain the flexibility to scale, boost customer trust, and stay at the forefront of the crypto revolution. Future-proof your business with the MPI licence under Singapore's Payment Services Act and seize the opportunities in one of the world’s most dynamic crypto markets. 💼💡 Let's discuss! To know more: https://lnkd.in/dFFwuaZx #CryptoverseLegalConsultancy #CryptoSuccess #MPIActivities #CryptoBusiness #SingaporeFinance #DigitalCurrency #CryptoPayments #DigitalFuture #GlobalFinance #BlockchainSingapore
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Crypto Meets Traditional Banking in Hong Kong! Exciting news: ZA Bank, Hong Kong’s largest virtual bank, now allows retail users to buy and sell Bitcoin (BTC) and Ethereum (ETH) directly with fiat currency! Here’s how it works: ✅ Open a ZA Bank account ✅ Complete a simple risk assessment ✅ Trade BTC & ETH via the bank’s app Launched in partnership with HashKey Exchange, this service aims to blend traditional banking with the booming crypto space, offering investors new ways to diversify their portfolios. With Hong Kong’s growing crypto ecosystem, this marks a significant leap toward Web3 innovation! 💬 Ready to dive into crypto through your bank? Learn more about secure and seamless crypto-to-fiat solutions at Bankto.io! #CryptoBanking #Bankto #HongKongCrypto #BTC #ETH #Web3
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Meet Charlotte Thoumy to discuss how you can add stablecoins as an alternative payment method or use stable coins to optimize your global settlements!
I'll be at Money 20/20 next week 🔥 🔥 PSPs & Fintechs, are u looking to; - settle your merchants faster - in fiat and crypto - collect crypto payments seamlessly - build your own stablecoin infrastructure Let's connect and make it happen. DM me to set up a meeting. See you there! 🙃 #Money2020 #Fintech #PSPs #Crypto #Stablecoins #Payments Money20/20 Fipto Gregoire Andrieu-Guitrancourt Patrick Mollard Bertrand GODIN Mathieu Jalvé Valentin Hautefeuille
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🔥 Circle, a global fintech firm known for issuing the USDC and EUROC stablecoins, has received conditional approval from the French Financial Markets Authority (AMF) as a Digital Asset Service Provider (DASP). USDC is a dollar-backed stablecoin, while EUROC is euro-backed, both aimed at facilitating secure, real-time transactions. According to PYMNTS, this milestone is a significant step towards compliance with the EU's stringent MiCA regulations, which are some of the toughest in the world for crypto assets. Circle's goal is full authorization as an Electronic Money Institution (EMI) in France, leveraging the country's supportive environment for crypto innovation. 🌐💶 #fintech #crypto #financial #markets #defi #decentralized #finance #eu #france #digital #asset #money
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Switzerland’s Crypto Playground: Navigating the Regulatory Maze 🌍 Switzerland: The Global Crypto Hub Robust Regulatory Framework: -Switzerland is at the forefront of the crypto revolution, offering a stable financial environment. -FINMA's technology-neutral approach ensures that crypto assets adhere to existing financial market laws. -Comprehensive Licensing Requirements: -Crypto businesses must navigate various licences, including Banking, FinTech, and DLT Trading Facility licences. -The regulatory environment, while stringent, offers high legal certainty. Crypto Valley & Tax Benefits: -The Canton of Zug, known as "Crypto Valley," provides favourable tax conditions, making it an attractive location for crypto businesses. Comparison with UAE: -While Switzerland offers stability and reputation, the UAE provides flexibility and faster licensing processes, offering a different path for crypto enterprises. 🔗 Navigating Switzerland’s crypto regulatory maze requires careful planning, but the benefits of operating in one of the world’s most reputable financial hubs are unparalleled. CoinDCX CoinSwitch Coinbase Binance CoinGape News #Crypto #Blockchain #FinTech #Switzerland #CryptoValley #Regulation #CryptoBusiness #Excluziv Read more at https://lnkd.in/dTrE-5gc
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