After the settlement between Al Maryah Group Financial institution (MBank) and the Abu Dhabi Judicial Division (ADJD) to allow AE Coin funds for judicial companies, the primary authorized agency in UAE, Mohammed Sultan Al-Naimi Advocates and Authorized Consultations is now accepting authorized charges by way of AE Coin, the nation’s first Central Financial institution-regulated AED stablecoin.
Customers via the AEC Pockets will have the ability to make safe, environment friendly, and compliant funds for authorized companies.
“As a forward-thinking authorized agency, we’re proud to align with nationwide efforts to digitalize companies throughout sectors,” stated Mohammed Al Nuaimi, Founding father of Mohammed Sultan Al-Naimi Advocates and Authorized Consultations. “Accepting AE Coin permits us to supply our purchasers a seamless, clear, and domestically compliant fee possibility, setting a brand new normal for authorized apply within the area.”
Because the UAE’s first totally digital financial institution and banking associate for AE Coin, MBank offers the safe infrastructure and regulatory framework that powers AE Coin transactions by way of blockchain know-how.
Mohammed Wassim Khayata, CEO of MBank, commented, that they’re working to embed blockchain powered monetary options into day by day companies. He defined, “This partnership is a robust instance of how the banking and authorized sectors can work collectively to drive innovation whereas upholding belief and compliance.”
Ramez Rafeek, Basic Supervisor of AED stablecoin, famous that this was a landmark use case and units the stage for wider acceptance of digital funds within the authorized business throughout the UAE.
يفخر بنك المارية المحلي بالشراكة مع مكتب محمد سلطان النعيمي للمحاماة، مما يجعله أول مكتب محاماة في دولة الإمارات يعتمد العملة الرقمية المستقرة AE Coin المرخّصة من مصرف الإمارات العربية المتحدة المركزي لسداد الرسوم القانونية.
وبفضل محفظة أي إي سي التي تم تطويرها ودعمها من قبل بنك… pic.twitter.com/SLm0jscOa8— Al Maryah Group Financial institution (@almaryahbank) September 3, 2025
UAE’s ADJD was the primary authorities entity to make use of AED stablecoin
In a earlier Cryptopolitan article, the Abu Dhabi Judicial Division (ADJD) partnered with Al Maryah Financial institution (MBank) to introduce the usage of digital foreign money for the fee of judicial and authorized service charges. ADJD was the primary governmental entity within the Center East to just accept an AED stablecoin, AE Coin, for fee for courtroom associated transactions.
Previous to this, UAE primarily based Air Arabia airline additionally accepted AED stablecoin, AE Coin, for funds similar to flight reserving. The airline is the primary in MENA to supply a stablecoin primarily based fee possibility.
The UAE has turn out to be one of many main locations for stablecoin, and crypto funds both straight utilizing a regulated stablecoin such because the AE Coin, or via VASPs providing a service to UAE entities such because the latest RAK Properties partnership with HubPay.
