The Central Bank of the United Arab Emirates (CBUAE) has approved AED Stablecoin in principle under its Payment Token Services Regulatory Framework. AED Stablecoin's initial licensing approval makes it the frontrunner for the UAE's first regulated dirham-pegged stablecoin issuer. If fully approved, AED Stablecoin's AE Coin could serve as a native trading pair for cryptocurrencies on exchanges and decentralized platforms, while allowing merchants to accept it to pay for goods and services.
Ray Youssef, chief executive of Noones, said Binance had seized all Palestinian funds at the request of the IDF. They refused to return the funds and all appeals were rejected. According to the information it obtained from multiple sources, all Palestinians will be affected and, as things stand, all Lebanese and Syrians will be treated the same. CZ is innocent, he went to jail because he refused to comply with this request. Now Binance, like all CEXs, is fully exposed.