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digital dirham

UAE CBDC strategy targets retail, wholesale applications
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28 March, 2024

UAE CBDC strategy targets retail, wholesale applications

Projected to run for 12 to 15 months, the UAE's Phase 1 CBDC strategy will include the limited launch of...
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’s digital dirham rollout includes mBridge soft launch for cross-border transactions
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29 March, 2023

UAE’s digital dirham rollout includes mBridge soft launch for cross-border transactions

The Central Bank of the United Arab Emirates (CBUAE) is forging ahead with the development of its central bank digital...
Morocco central bank exploring digital currency but Bitcoin still banned
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2 March, 2021

Morocco central bank exploring digital currency but Bitcoin still banned

The Bank Al-Maghrib has tasked the new committee with identifying and analyzing the advantages and drawbacks of a digital dirham...
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