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 the digital dirham and the completion of a previous project with India.
Projected to run for 12 to 15 months, the UAE's Phase 1 CBDC strategy will include the limited launch of the digital dirham and the completion of a previous project with India.
Project mBridge is inching forward to launching an MVP in 2024, and to achieve this, the Bank for International Settlements is exploring functionalities like platform statistics, queue management, and aligning with the CPMI frameworks.