2022-10-27 01:00 |
The United Arab Emirates central bank , today, announced the launch of CBDCs. More central banks are looking into CBDCs as UAE's central banks believes they are the way to their economical goals. origin »
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The UAE Central Bank is getting serious about the launch of its digital currency. UAE Central Banks’ Ambitious Goals The Central Bank of the United Arab Emirates (UAE) has disclosed its roadmap for 2023-2026 which, among other milestones, includes the launch of a central bank digital currency (CBDC), a report by Gulf News confirms. ThereRead More
2021-7-13 13:00 | |
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The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand, have joined hands with UAE’s Central Bank (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBoC) in a FinTech deal.
2021-2-25 00:03 | |
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To reduce cross-border payment's pain, the Central Bank of United Arab Emirates (CBUAE) and People's Bank of China (PBoC) have joined multiple-CBDC's projects, announced Hong-Kong Monetary Authority (HKMA) and Bank of Thailand (BoT) on 23rd February.
2021-2-25 23:36 | |
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The Central Bank of the United Arab Emirates (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBC DCI) have joined Hong Kong Monetary (HKMA) in partnership with the Bank of Thailand (BOT) in the second phase of the Project Inthanon-LionRock.
2021-2-25 15:06 | |
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The conclusion of Project Aber and subsequent review by the Central Banks of the Kingdom of Saudi Arabia (Saudi Arabian Monetary Authority) and the United Arab Emirates (CBUAE) shows that Distributed Ledger Technology (DLT) can improve remittance and satisfy privacy demands despite it being technically untenable, a joint report on Nov 28 reveals.
2020-12-1 02:00 | |
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Recently, the Central Bank of the UAE partnered with Saudi Central Bank (SAMA) issued a report which explains all the benefits of using a distributed payment system and combining it with a centralized payment structure.
2020-11-30 14:02 | |
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A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”
2020-11-30 21:42 | |
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The joint report is among the most promising CBDC studies conducted by central bank authorities
2020-11-30 18:42 | |
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India has noted an uptick in crypto users over the past year. This surge in the crypto users can mainly be attributed to the Supre Court's decision to quash the Central Bank's circular that called forThe post India welcomes UAE's digital asset exchange Bitex appeared first on AMBCrypto.
2020-11-10 17:00 | |
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There is no denying that 2019 was the year of enterprise blockchain adoption. Nations like China, the UAE, and many others have declared support for blockchain. There were also talks about the issuance of Central Bank Digital Currencies (CBDC).
2020-3-10 19:54 | |
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2019 has seen large-scale blockchain adoption. With China trying to beat the world to its central bank-backed digital currency, the United Arab Emirates [UAE] too, has begun drafting regulations.
2019-11-12 00:30 | |
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It’s been a tug of war between cryptocurrencies and the legacy financial system in Iran. Iranians took to crypto early on, and this didn’t go well with the government. It banned the industry as a whole despite pleas from the crypto community.
2019-1-30 19:13 | |
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Saudi Arabia’s and the United Arab Emirates’ (UAB) central banks have teamed up to test a new cryptocurrency. The Saudi Arabian Monetary Authority (SAMA) and the Central Bank of the UAE confirmed the news in a joint statement released today.
2019-1-29 17:23 | |
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The cryptocurrency pilot program will test the potential of a central bank digital currency.
2019-1-22 21:07 | |
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BlackRock’s iShares Bitcoin Trust (IBIT) recorded $523 million in net outflows on Tuesday, its most significant single-day withdrawal since it launched.
The United Arab Emirates has completed its first government transaction using a central bank digital currency (CBDC), marking a significant step in its Digital Dirham project. This test payment, made through the cross-border mBridge platform, confirms the UAE’s technical integration and signals readiness for wider government and private sector adoption of CBDCs. The development is […]
UAE residents can now mine Bitcoin without owning hardware, as telecom operator du launches its first-ever Bitcoin cloud mining platform, “Cloud Miner.” du launches UAE’s first cloud Bitcoin mining platform UAE’s second largest telecom operator du has launched a Bitcoin…
Crypto.com has become the first VASP in the UAE to receive IPA for SVF license, enabling regulated digital payments — like government fees in crypto — automatically converted into UAE dirhams or AED-pegged stablecoins once final compliance checks are completed.…
The approval will allow Crypto.com to enable crypto-to-dirham payments for government services and commercial use under Central Bank oversight.
Abu Dhabi Airports will pioneer digital asset technology to enable a more seamless travel experience. Abu Dhabi Airports is embracing crypto. On Friday, October 10, a new partnership with Al Hail Holding and fintech firm Xare will bring a digital…
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has secured the first full crypto exchange operator license in the United Arab Emirates. The Virtual Asset Platform Operator License, issued by the Securities and Commodities Authority, sees Bybit become the…