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Bybit

Saudi Arabia Moves to Launch Regulated Stablecoins

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Saudi Arabia is moving closer to launching stablecoins under national regulation, with global crypto exchanges expressing support for the Kingdom’s digital asset plans. Minister of Municipal, Rural Affairs and Housing Majed al-Hogail said the government aims to introduce stablecoins soon with the Capital Market Authority and the Central Bank. “If digital currencies are developed within […]

The post Saudi Arabia Moves to Launch Regulated Stablecoins appeared first on Fintechnews Middle East.

Bybit Secures UAE Virtual Asset Platform Operator License from SCA

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Bybit has secured a Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the UAE. The license allows Bybit to offer its full range of global products and services in compliance with UAE regulations. It follows the firm’s receipt of In-Principle Approval (IPA) from the SCA in February, with support from […]

The post Bybit Secures UAE Virtual Asset Platform Operator License from SCA appeared first on Fintechnews Middle East.

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