UAE’s Zand Bank Wins Approval to Launch Dirham‑Backed Stablecoin

Zand Bank has received regulatory approval from the Central Bank of the UAE (CBUAE) to launch a multi-chain stablecoin backed by the dirham. Structure and Security Zand Bank, an artificial intelligence (AI)-powered digital bank, has secured a critical regulatory approval from the Central Bank of the UAE (CBUAE) to launch Zand AED, a regulated and […]

Source: https://news.bitcoin.com/uaes-zand-bank-wins-approval-to-launch-dirham%E2%80%91backed-stablecoin/