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happy Friday 🔥

H_Ali

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Happy Friday everyone 💚 May your portfolio be bullish this Friday 🤝

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$BTC Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC (IHC.AD), opens new tab, and the UAE's biggest lender by assets First Abu Dhabi Bank (FAB) (FAB.AD), opens new tab are planning to launch a new stablecoin backed by dirhams, they said on Monday, as the Gulf country deepens its investment in cryptocurrencies. The stablecoin, which will be fully regulated by the UAE's central bank, will be issued by FAB subject to regulatory approval, the three companies said in a statement.

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#AbuDhabiStablecoin Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC (IHC.AD), opens new tab, and the UAE's biggest lender by assets First Abu Dhabi Bank (FAB) (FAB.AD), opens new tab are planning to launch a new stablecoin backed by dirhams, they said on Monday, as the Gulf country deepens its investment in cryptocurrencies. The stablecoin, which will be fully regulated by the UAE's central bank, will be issued by FAB subject to regulatory approval, the three companies said in a statement.

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#ArizonaBTCReserve Arizona has moved a step closer to becoming the first U.S. state to establish a Bitcoin reserve. Lawmakers in the House of Representatives on Monday approved Senate Bill 1025 and Senate Bill 1373, clearing the way for a potential 10% allocation of treasury and pension funds into Bitcoin and other digital assets. The legislation, now awaiting Governor Katie Hobbs' signature, would authorize Arizona’s treasurer to invest up to 10% of state-managed assets in digital currencies.

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#ArizonaBTCReserve Arizona has moved a step closer to becoming the first U.S. state to establish a Bitcoin reserve. Lawmakers in the House of Representatives on Monday approved Senate Bill 1025 and Senate Bill 1373, clearing the way for a potential 10% allocation of treasury and pension funds into Bitcoin and other digital assets. The legislation, now awaiting Governor Katie Hobbs' signature, would authorize Arizona’s treasurer to invest up to 10% of state-managed assets in digital currencies.

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