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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 [...]

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