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Central Bank of the United Arab Emirates

UAE central bank approves dirham-backed stablecoins
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11 June, 2024

UAE central bank approves dirham-backed stablecoins

Aware of its potential to destabilize the financial ecosystem, the Central Bank of the United Arab Emirates is taking a...
UAE records first digital dirham transaction via mBridge CBDC
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4 February, 2024

UAE records first digital dirham transaction via mBridge CBDC

The Central Bank of the United Arab Emirates initiated a 50 million dirham ($13.6 million) transfer to China at the...
UAE unveils new guidelines to curb unauthorized use of digital assets
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16 November, 2023

UAE unveils new guidelines to curb unauthorized use of digital assets

To combat illicit digital asset use, the United Arab Emirates released new guidelines that would help strengthen the region's financial...
Bank for International Settlements launches blockchain sustainable finance initiative
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13 September, 2023

Bank for International Settlements launches blockchain sustainable finance initiative

Leveraging the power of emerging technologies, the Bank for International Settlements and the United Arab Emirates open a competition that...
Hong Kong, Saudi Arabia team up for tokenization and payments research
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6 August, 2023

Hong Kong, Saudi Arabia team up for tokenization and payments research

The Hong Kong and Saudi Arabia central banks signed an MoU to study financial innovation to benefit their local economies,...
Hong Kong, UAE to develop digital asset regulations, boost financial cooperation
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6 June, 2023

Hong Kong, UAE to develop digital asset regulations, boost financial cooperation

The central banks of the UAE and Hong Kong forge closer ties in regulating digital assets as part of their...
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