---
title: "UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded"
url: https://diffcoin.com/uae-stablecoin-issuer-gets-greenlight-ftx-customers-sue-hedge-fund-law-decoded/
description: "While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged…"
published: 2024-10-14
updated: 2024-10-14
author: "Mila"
site: "Diffcoin"
---

# UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded

While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged profits from the exchange’s meltdown.

[Source link](https://cointelegraph.com/news/uae-stablecoin-issuer-greenlight-ftx-customers-sue-hedge-fund-law-decoded?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)