Tag: uae

Jul 13 2021

UAE Central Bank Sets Roadmap for CBDC Launch

The central bank prioritizes CBDC for its 2023-2026 roadmap.

Jul 12 2021

Just-In: UAE Central Bank Sets CBDC Strategy Deadline

UAE Central Bank (UAECB) has announced its strategic objectives for 2023-2026, with their new and enhanced Digital Strategy that would include the much- awaited and grand launch of Central Bank Digital Currency (CBDC). UAE Central Bank has been discussing its interest in CBDC for a while now, and the 2023-2026 Strategy has provided a definite timeline The post Just-In: UAE Central Bank Sets CBDC...

Jun 30 2021

Feb 17 2021

Dubai Free Zone Becomes First UAE Government Entity to Accept Bitcoin

Feb 17 2021 Published at CoinDesk under tags  business dubai government news payments

The free zone accepts payments in bitcoin, ether and the tether stablecoin.

Nov 30 2020

Saudi Arabia Inches Closer to Officially Launch Digital Currency with UAE

SAMA and the central bank of the UAE jointly published a report to show key benefits of a CBDC.

Nov 29 2020

Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks Say

A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”

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