CBDC
IMF: Bahrain, Saudi Arabia and UAE are in advanced CBDC stages
In a recent IMF blog, the International Monetary Fund noted that almost two-thirds of countries in the Middle East and...
June 18, 2024
Advertisement
Tag
Central bank digital currency
12 articles tagged with "Central bank digital currency"
CBDC
UAE and Chinese central Banks go beyond Mbridge CBDC project with new MOU on CBDC collaboration
The Central Bank of the UAE (CBUAE) and the People’s Bank of China has signed an MOU (Memorandum of Understanding)...
November 28, 2023
BlockChain
R3 to design and Build UAE’s CBDC as well as tokenize financial and non financial activities
R3 was chosen by UAE Central Bank as its technology partner to design and build a CBDC for the first...
April 12, 2023
CBDC
Where is UAE Central Bank 10th initiative for digital asset payments regulation for its upcoming CBDC and digital asset payment providers?
The UAE Central Bank announced on Sunday 12th of February 2023 its nine initiatives for what it calls its financial infrastructure...
February 12, 2023
BlockChain
Saudi Arabia launches its national wholesale CBDC project between local banks
The Saudi Central Bank (SAMA) released a press release where it confirmed that the Central Bank is continuing to experiment on Central...
January 23, 2023
Crypto
KSA Minister of Finance: CBDCs are a fantastic tool for developing countries
During the World Economic Forum’s session’ Financial Institutions innovating under pressure’ The Saudi Minister of Finance Mohammed al-Jadaan stated that while...
January 17, 2023
Crypto
Algerian Central Bank to adopt CBDC for national currency
At the end of 2022 the Prime Minister of Algeria, Aimene Benabderrahmane announced that the Central Bank of Algeria is intending to...
January 10, 2023
Crypto
Egyptian Central Bank forms internal and external committees for CBDC implementation study
Egyptian Central bank has announced that it is currently studying the implementation of CBDC (Central Bank Digital Currency) which should...
December 31, 2022
BlockChain
Is the UAE Central Bank close to launching its own CBDC?
There are 112 countries that are — in one way or another — exploring central bank digital currency (CBDC). Of...
December 15, 2022
BlockChain
Saudi Central Bank Moves forward with virtual assets and CBDC program
The Saudi Central Bank, better known as SAMA, has appointed Mohsen AlZahrani, former Managing Director of Financial Services at Accenture...
July 19, 2022