Central Bank of the UAE payment token regulation now fully operational
The Central Bank of the UAE's Payment Token Services Regulation, which licenses and supervises the issuance, conversion, custody and transfer of fiat-referenced payment tokens including stablecoins, moved out of its transition period on 16 June 2026 and is now in its operational phase.
The regulation gives UAE-licensed payment token issuers and service providers a formal supervisory framework — a reference point for stablecoin activity in a major Gulf payments hub, with direct relevance to cross-border settlement using tokenised value.
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