🏛️ UAE's Central Bank is flexing its regulatory muscles with a new set of rules that could potentially ban crypto payments in the country. The new guidelines insist that payment tokens must be backed by UAE dirhams and can't be linked to other currencies. Blockchain lawyer, Irina Heaver, suggests this could be a stumbling block for the country's digital ambitions, especially as it contradicts the UAE's pro-commerce stance. She also highlighted the lack of a united voice in the UAE's crypto industry to counter such policies. So, if you're in the UAE, better hold on to your dirhams for now! 💸