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05-02-2025

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First Abu Dhabi Bank

Abu Dhabi rolls out dirham-backed stablecoin for public use
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30 April, 2025

Abu Dhabi rolls out dirham-backed stablecoin for public use

The proposed dirham-backed stablecoin adheres to full regulatory compliance processes and will operate under the central bank's supervision.
Chinese banks partner with foreign counterparts to boost CBDC adoption
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26 October, 2023

Chinese banks partner with foreign counterparts to boost CBDC adoption

Chinese banks form global digital currency partnerships to boost CBDC adoption amid regulatory challenges and international economic concerns.
UAE’s largest bank completes cross-border payments pilot with JPMorgan’s Onyx
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17 October, 2023

UAE’s largest bank completes cross-border payments pilot with JPMorgan’s Onyx

First Abu Dhabi Bank has completed a successful pilot using Onyx for cross-border payments, hinting at potential tokenization and security...
Abu Dhabi makes a foray into Web3 with $2 billion-backed initiative
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19 February, 2023

Abu Dhabi makes a foray into Web3 with $2 billion-backed initiative

Abu Dhabi sets its eyes on becoming a Web3 hub in the MENA region under its new project geared toward...
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