CBDC
- MENA News
UAE Leads Middle East in Digital Banking Innovation with $3.2 Trillion Assets and Blockchain Integration
The United Arab Emirates (UAE) is solidifying its position as a leader in Middle Eastern banking innovation, commanding the largest…
Read More » - Policies & Regulations
Pakistan’s State Bank Proposes Legalization of Digital Assets
On November 4, the State Bank of Pakistan (SBP) unveiled a set of policy proposals aimed at legalizing digital assets,…
Read More » - CBDC
BIS Evaluates the Potential Shutdown of Project mBridge
According to a recent Bloomberg report, the Bank for International Settlements (BIS) is evaluating the potential shutdown of Project mBridge,…
Read More » - CBDC
SWIFT to Launch Live Digital Currency Trial in 2024 Amid Growing Competition
SWIFT, the global financial messaging giant, announced that it will trial live digital currency transactions in 2024. This move signals…
Read More » - CBDC
UDPN Integrates Hedera-Powered Stablecoins & CBDCs for Seamless Payments
GFT, a global IT engineering solutions provider, and Red Date Technology, a decentralized cloud infrastructure company, have successfully integrated stablecoins…
Read More » - MENA News
RAKBANK Achieves Milestone with First CBDC Transfer via mBridge
RAKBANK has become one of the first banks in the UAE to successfully execute an international remittance using China’s digital…
Read More » - Opinions
The Transformative Potential of Crypto Payments in Global Finance
Payments are at the core of the increasingly interconnected global financial system – and yet, there is still a lot…
Read More » - CBDC
European Central Bank Releases First Progress Report on Digital Euro Preparations
The European Central Bank (ECB) has unveiled its inaugural progress report detailing advancements in the preparation phase for the potential…
Read More » - CBDC
Global Survey Shows Central Banks Embrace CBDCs, with UAE Among Pioneers
Central banks around the world are increasingly exploring the potential of central bank digital currencies (CBDCs), as highlighted by a…
Read More » - CBDC
BIS Survey: 94% of Central Banks Eye Wholesale CBDCs
The Bank for International Settlements (BIS) found that 94% of surveyed central banks are exploring Central Bank Digital Currency (CBDC).…
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