After announcing its plans in February, the central bank of the United Arab Emirates (UAE) has recently launched a new … Continued
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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
<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...
