Societe General becomes first bank to launch USD-backed stablecoin
The USD CoinVertible will be tradable from July
Available in your choice of English or Arabic
The USD CoinVertible will be tradable from July
The new rules tighten oversight and ban privacy and algorithmic tokens
Plus: EGA inks agreement to enter Ghana’s aluminium market
Plus: Fitch Ratings has revised down its forecast for growth in the GCC in 2025 to 3.7%
Plus: IRH taps EPointZero for decarbonization
Public comments for the consultation paper are open until 15 June
The DFSA first proposed the reforms in October 2024
The updated framework introduces stricter controls on margin trading, token distribution, and collateral wallet arrangements
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