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Hubpay, Aquanow Launch Regulated Crypto Payments in UAE

United Arab Emirates-based payments platform Hubpay has joined forces with digital asset infrastructure provider Aquanow to launch a regulated cryptocurrency payments facility in the country. The collaboration allows businesses to accept cryptocurrency payments alongside fiat currency. Aquanow is regulated by Dubai’s Virtual Asset Regulatory Authority, while Hubpay is regulated by the Financial Services Regulatory Authority. The partnership is expected to benefit the real estate sector, reducing fees and settlement times.

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