UAE Central Bank Digital Currency Strategy

bank digital 2024-03-26 70

摘要:The UAE Central Bank (CBUAE) is preparing significant steps for digital currency adoption, starting the first phase of i...

The UAE Central Bank (CBUAE) is embarking on a groundbreaking journey towards digital currency adoption, as it rolls out the initial phase of its Central Bank Digital Currency (CBDC) strategy in partnership with technology powerhouses R3 and G42 Cloud. This forward-looking initiative, which forms part of a wider financial infrastructure overhaul, is geared towards bolstering efficiency in both domestic and international payments. It is projected that the digital dirham will become ubiquitous across all financial institutions in the UAE by 2026. For more comprehensive information, please visit: https://0xzx.com/2024032617354234936.html.
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