Circle Secures Abu Dhabi Regulatory Approval for Middle East Expansion

**ZEDXION Exchange Daily Update** ZEDXION cryptocurrency exchange processed **$1.70B in trading volume** over the past 24 hours, showing steady activity in the crypto markets. **Top Performer:** - **BEAT/USDT** emerged as the biggest gainer, surging **116.72%** during the trading session **Recent Volume Trends:** - Nov 13: $1.70B (current) - Nov 12: $1.54B - Nov 11: $2.60B - Nov 10: $3.03B The exchange continues to maintain significant daily volumes above the $1B threshold, with various altcoins showing strong percentage gains across different trading sessions. [Visit ZEDXION Exchange](http://zedxion.io)

**Zedxion has temporarily suspended USDZ deposits** on the Dextrade platform due to ongoing system maintenance. **Key Details:** - USDZ deposits are currently unavailable on Dextrade - Closure is temporary for system updates - **Reopening timeline**: As soon as maintenance completes - Users advised to monitor official Zedxion channels for updates This follows a pattern of maintenance-related service interruptions, with similar temporary closures occurring previously on other platforms like Goal3 for zkUSD transfers. *Stay updated through official Zedxion announcements for deposit resumption.*

Kyrgyzstan is moving forward with plans to launch a **$50 million national stablecoin** called USDKG. This development builds on the country's earlier announcement from June 2025 about creating a **gold-backed stablecoin**. Key details: - The stablecoin will be called **USDKG** - Initial funding set at **$50 million** - Part of Kyrgyzstan's broader digital currency strategy This represents a significant step in the country's efforts to establish a **state-backed digital currency** infrastructure. The project demonstrates Kyrgyzstan's commitment to integrating blockchain technology into its financial system.

The UAE has successfully completed its **first nationwide transaction** using the digital dirham as part of its Central Bank Digital Currency (CBDC) pilot program. This milestone represents a significant step forward in the UAE's digital currency initiative, demonstrating the practical implementation of their CBDC infrastructure on a national scale. Key highlights: - First complete nationwide digital dirham transaction - Part of ongoing CBDC pilot program - Marks progress in UAE's digital currency adoption The successful transaction validates the technical capabilities of the UAE's digital currency system and brings the country closer to broader CBDC implementation.

The **Internal Revenue Service (IRS)** has released updated guidance for cryptocurrency exchange-traded products, providing clearer regulatory framework for digital asset ETPs. This development follows similar regulatory clarifications from other jurisdictions, including Australia's ASIC updates to digital asset guidelines earlier this year. **Key implications:** - Enhanced regulatory clarity for crypto ETPs - Potential impact on institutional adoption - Alignment with broader digital asset regulatory trends The updated guidance aims to provide better compliance pathways for cryptocurrency exchange-traded products in the U.S. market.