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Central Bank of UAE Grants FUZE Digital Asset Payments Subsidiary a License
Central Bank of UAE Grants FUZE Digital Asset Payments Subsidiary a License
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FUZE Group, through its subsidiary Niobe Payment Services LLC SPC, has been granted a license by the Central Bank of the UAE. This makes FUZE both a fully licensed operator for digital assets infrastructure and a regulated payment services provider for the region. The new license will enable businesses to benefit from faster, more secure payment options, reduced transaction times, and end-to-end compliance. FUZE is rolling out a robust payment stack that combines advanced technology, seamless user experience, and built-in compliance. Mohammed Ali Yusuf, CEO and Co-Founder of FUZE, noted that this is the launch pad for the next generation of payments, aiming to provide digital and AI-enabled infrastructure.
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