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2 Articles
UAE Plans to Launch Digital Dirham, Integrated Wallet in Q4 2025
The Central Bank of the UAE (CBUAE) plans to launch its Digital Dirham central bank digital currency (CBDC) between October and December. On Thursday, the bank said that the Digital Dirham token will improve security and efficiency of financial transactions, while reducing the costs of facilitating national and international payments. The CBUAE has also created a wallet to simplify the management and use of its upcoming CBDC.A CBDC is the digita…
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