cryptocurrency, Senate and Stablecoin Bill
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A stablecoin launched by Donald Trump's World Liberty Financial crypto venture is being used by an Abu Dhabi investment firm for its $2 billion investment in crypto exchange Binance, one of World ...
Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central bank of the United Arab Emirates and backed by the dirham, a move that ...
Stablecoins are a type of digital currency backed by another form of currency, like the U.S. dollar or a commodity like gold.
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Abu Dhabi institutional giants team up for dirham stablecoinA trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin. Abu Dhabi’s sovereign wealth fund ADQ ...
Donald Trump Jr. framed stablecoins as a tool for reinforcing U.S. dollar dominance, calling them “the savior of dollar hegemony, not a detractor of it.”
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Cryptopolitan on MSNUAE SaturnX stablecoin infrastructure provider raises $3 millionSaturnX, the infrastructure provider for stablecoin-based cross-border payments with headquarters in Dubai, UAE, has closed a $3 million seed round.
CEO Richard Teng says any public listing must be approved at the highest levels, leaving timing open for Binance.
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Arabian Post on MSNVietnam Champions UAE-Backed Blockchain for National FinanceVietnam’s Techsmart Telecom, the Institute of Information Technology and CyberSecurity, UAE’s Venom Foundation and Abu Dhabi’s GS Fund have signed a memorandum of understanding to advance a sovereign digital finance framework.
Clip 1: President Trump and his family’s growing crypto empire. Clip 2: Trump is a stakeholder in something he is also a chief regulator of. Clip 3: The Trump family is indeed cashing in. Clip 4: Chinese billionaire Justin Sun publicly disclosed a $75 million investment.