UAE’s Central Bank Nears Launch of Digital Dirham
The Central Bank of the United Arab Emirates (CBUAE) is taking significant steps towards the full launch of its central bank digital currency (CBDC) known as the digital dirham. As…
The Central Bank of the United Arab Emirates (CBUAE) is taking significant steps towards the full launch of its central bank digital currency (CBDC) known as the digital dirham. As…
Ras Al Khaimah, one of the UAE's seven Emirates, is set to launch a free zone dedicated to digital and virtual asset companies. The new free zone, RAK Digital Assets…
As part of the first phase of its recently initiated financial infrastructure transformation (FIT) initiative, the Central Bank of the United Arab Emirates (CBUAE) has plans to introduce a central…
Virtual Asset Regulatory Authority (VARA), the body in charge of supervising cryptocurrency regulations inside Dubai, has announced new rules for virtual asset service providers (VASPs) operating within the emirate. VASPs…
Thani Al-Zeyoudi, the minister of state for international trade of the United Arab Emirates, has predicted that cryptocurrency would play a "significant role" in the country's participation in global commerce…
The Central Bank of the United Arab Emirates (CBUAE) said on Wednesday that it has completed the first and the largest wholesale pilot of central bank digital currencies (CBDC) transactions.…
London-based crypto firm Blockchain.com announced Friday that it has received regulatory approval to operate its exchange in Dubai, a city in the United Arab Emirates (UAE). Following the approval, the…
As the United Arab Emirates (UAE) gears up to become a global crypto hub, approximately 11.4% of its residents have entered this sector, according to the Telecommunications and Digital Government…
Months after becoming the first healthcare charity in the United Arab Emirates (UAE) to accept charity in crypto, Al Jalila Foundation has received a donation in cryptocurrency worth $16 million.…