The #CentralBankUAE (CBUAE) today unveiled the new symbol for the UAE's national currency, the "Dirham", in a move that ...

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Sonic Labs will launch a “mathematically-bound” UAE dirham stablecoin instead of a US dollar-based algorithmic stablecoin.

Sonic Labs has abandoned its plans to introduce a US dollar-pegged algorithmic stablecoin, following backlash from the crypto community.

The UAE’s move mirrors a similar initiative in Saudi Arabia, where the Saudi Central Bank (SAMA) unveiled an official symbol ...

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The United Arab Emirates is set to issue its own blockchain-backed central banking digital currency (CBDC) by late 2025.

UAE to launch Digital Dirham by 2025, enhancing financial security, cross-border payments, and digital transactions with CBDC ...

The United Arab Emirates (UAE) currency, the dirham, has acquired a symbol of its own, the English letter D with two ...

The International Monetary Fund (IMF) proposed a framework called “REDI” to deploy CBDCs and steps to promote the adoption of CBDCs. The international financial agency emphasised that raising ...

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The Central Bank of the UAE (CBUAE) has introduced a new symbol for the Dirham, the country’s national currency.