The Central Bank of UAE has launched its latest “The Digital Dirham” strategy to enhance the pace of digital transformation of its financial services sector, promoting digital transactions and encouraging innovation in the ecosystem. The initiatives is expected to sharpen UAE’s prospects to become the financial and digital payment hub.Additionally, the governor of CBUAE stated that “CBDC will accelerate our digitalization journey and promote financial inclusion. We look forward to exploring the opportunities that CBDC will bring to the wider economy and society.”
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