Following in the footsteps of the Philippines and China, the government of the United Arab Emirates (UAE) and its Central Bank plan to provide a clear regulatory framework on the usability of Bitcoin and operations of digital currency exchanges in the near future.
On Jan. 1, 2017, the Central Bank of UAE published a document entitled “Regulatory Framework For Stored Values and Electronic Payment System” with a vision of leading market adoption digital payments and fintech technologies within the UAE.
Full story at http://bit.ly/2lLO8nx
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