Cryptocurrency exchange Coinbase is launching a smart wallet. The new Coinbase Wallet will offer users greater convenience through onboarding, eliminating gas fees and making recovery phrases unnecessary. Smart wallets overcome complexity The smart wallet will allow users to create a new wallet and onboard onto a blockchain without downloading a new app or receiving a…

The board of directors of the Central Bank of the United Arab Emirates (CBUAE) approved the issuance of a new system to oversee and license stablecoins. In a meeting in Abu Dhabi, the board reportedly discussed projects under the government’s financial infrastructure transformation (FIT) program. The initiative aims to boost digital transactions, advance the country’s…