Search For "exchange house"
Dubai Fintech Startup SuperStable Hits USD 45M in Payment Volume Within Si
Updated : 7 months, 3 weeks ago IST
Dubai [UAE], September 30: SuperStable, a fintech startup founded by serial entrepreneur Siddharth (Sid) Pillai, has processed more than USD 45 million in cross-border payments within six months of launching operations. Established in September 2024, the company is building a payments networ
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CBUAE imposes financial sanction on exchange house operating in UAE
Updated : 2 years, 9 months ago IST
The Central Bank of the UAE (CBUAE) imposed a financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree-Law No.20 of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations, and Article
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CBUAE revokes licence of Dirham Exchange and registration of RMB Commercia
Updated : 2 years, 9 months ago IST
The administrative sanctions are the result of the examinations’ findings conducted by the CBUAE, revealing serious regulatory misconduct, including AML misconduct and collusion in evading CBUAE’s instructions to the exchange house not to engage in remittance transactions with certain countr
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