Towards a digital economy Embedded within the CBUAE’s Financial Infrastructure Transformation Programme, the CBDC strategy ...

Last week, the CBUAE launched Sanadak ... through the “mBridge,” which uses central bank digital currencies (CBDC) for international fund transfers between participating banks, based on ...

The Central Bank of the UAE (CBUAE) imposed financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. (20) of 2018 on Anti-money Laundering ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...

The central bank digital currency (CBDC) is going to completely revolutionise the entire payment space in terms of how one makes a payment, just like UPI did, Debadatta Chand, MD and CEO of Bank ...

Abu Dhabi - The CBUAE is obliged to monitor the financial solvency of insurance companies, ensure ethical conduct of firms, and protect the rights of the insured The Central Bank of the UAE (CBUAE ...

But what does that future look like? With 90 per cent of central banks now exploring their own CBDC (Central Bank Digital Currency) according to McKinsey, the once-fanciful notion that governments ...

Abu Dhabi: The Central Bank of the UAE (CBUAE) has signed a Statement of Commitment to the FX Global Code, to be the first central bank in the Arab world to adopt this Code, joining a group of central ...

The Central Bank of the UAE (CBUAE) imposed financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. (20) of 2018 on Anti-money Laundering and ...