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 ...

Exchange house failed to comply with anti-money laundering policies Central Bank of the UAE in Abu Dhabi Courtesy Central Bank of the UAE Abu Dhabi: The Central Bank of the UAE (CBUAE) imposed ...

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 ...

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 ...

With this acquisition, Mintoak has added bill payments and CBDC features to its platform, enabling it to offer more digital solutions for SMEs. It aims to enhance merchant engagement, retention ...

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 ...

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 ...

Leithner sees the launch of a permanent CBDC as a key element of the EU’s digital agenda and as a crucial component of its financial strategy. Using the digital Euro as a strategic asset ...

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 ...

This new recognition is attributed to the CBUAE’s implementation of the latest technical specifications and advanced security features. The banknote has three-dimensional designs and the incorporation ...