The CBUAE has unveiled a new symbol for the UAE's national currency, the Dirham, along with the announcement of the Digital ...

UAE to launch Digital Dirham by 2025, enhancing financial security, cross-border payments, and digital transactions with CBDC ...

The United Arab Emirates is set to issue its own blockchain-backed central banking digital currency (CBDC) by late 2025.

Here's a quick recap of the crypto landscape for Friday (March 28) as of 9:00 a.m. UTC. Bitcoin and Ethereum price update ...

The UAE’s move mirrors a similar initiative in Saudi Arabia, where the Saudi Central Bank (SAMA) unveiled an official symbol ...

The International Monetary Fund (IMF) proposed a framework called “REDI” to deploy CBDCs and steps to promote the adoption of CBDCs. The international financial agency emphasised that raising ...

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 ...