What is the name of UAE crypto coin?

According to reports, AE Coin is regulated by the Central Bank of the UAE. This regulation ensures that the cryptocurrency operates within a legal and secure framework, providing users with peace of mind and trust in the system.

Every AE Coin issued will be pegged to the Dirham, the official currency of the United Arab Emirates. This pegging mechanism aims to stabilize the value of AE Coin and prevent it from experiencing the volatile swings often seen in the cryptocurrency market.

The introduction of AE Coin aligns perfectly with the UAE's Digital Government Strategy 2025. This strategy aims to transform the government's services and operations through the use of digital technologies, making it one of the most advanced digital governments in the world.

BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of both individual and institutional investors. Among its offerings are spot trading, futures trading, and a secure wallet service. These services provide users with a comprehensive platform to buy, sell, and store their cryptocurrencies.

AE Coin strives to offer its users the advantages of a fiat-backed currency while also incorporating the versatility of blockchain technology. This innovative approach is designed to bridge the gap between traditional financial systems and the decentralized world of cryptocurrencies.