FIT Token News

<p>The Central Bank of UAE (CBUAE) announced its intentions to complete the first phase of its <a...

On March 23, the UAE’s Central Bank unveiled its Central Bank Digital Currency (CBDC) strategy, dubbed “The Digital Dirham.” The

After announcing its plans in February, the central bank of the United Arab Emirates (UAE) has recently launched a new … Continued The post UAE Central Bank launches ‘The Digital Dirham’ CBDC strategy appeared first on Finbold.

Coinspeaker India and UAE to Collaborate on Interoperable CBDC By issuing a CBDC, the UAE hoped to address its cross-border payment challenges and ‘drive innovation for domestic payments’. India and UAE to Collaborate on Interoperable CBDC

Among the world’s most cryptocurrency-friendly locations in the United Arab Emirates (UAE). Ras Al Khaimah (RAK), one of the United

<p>Ras Al Khaimah (RAK), one of the emirates that form UAE, has announced the creation of the first free economic zone fully dedicated to virtual assets and digital companies, dubbed RAK Digital Assets Oasis.</p><p>UAE Opens...

The Central Bank of the UAE (CBUAE) has launched the Financial Infrastructure Transformation Programme (FIT). The FIT Programme has included nine key digital finance initiatives aimed at the acceleration of digital transformation in the financial...

<p>The Central Bank of the United Arab Emirates (CUBUAE) will launch a central bank digital currency (CBDC) as one of the nine initiatives under its newly-launched Financial Infrastructure Transformation Programme (FIT). The apex bank...

The Central Bank of the United Arab Emirates is set to launch its CBDC.  The CBDCs are part of a larger program called FIT, which seeks to accelerate digital transformation. The Central Bank of the United Arab Emirates (CBUAE) recently launched its...

The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments.