The United Arab Emirates (UAE) plans digital currency launch to accelerate financial transformation

The United Arab Emirates (UAE) plans digital currency launch to accelerate financial transformation

The United Arab Emirates (UAE) plans digital currency launch to accelerate financial transformation

The Central Bank of the UAE plans to introduce a retail central bank digital currency, the digital dirham, in the fourth quarter of 2025. The blockchain-based currency represents a key component of the bank's Financial Infrastructure Transformation Programme, which is already 85% complete.

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