Central Bank of the UAE

Palm Payments: Promise and Reality
Fintech & Ecommerce

Palm Payments: Promise and Reality

While biometric authentication is now a common part of the payment process, confirming transactions with a palm screen is still a novelty. Though this experimental payment tech has been around for several years now, most people know little about it, not to mention using it in real life. So, what are those mysterious palm payments […]

First UAE Stablecoin Gets Final Approval Before Launch
Blockchain & Crypto

First UAE Stablecoin Gets Final Approval Before Launch

AE Coin, the first regulated stablecoin in the UAE pegged to the local dirham currency, has received the final licence from the Central Bank of the UAE and is scheduled for the soon-to-come launch.

Aani Instant Payments Platform Launches in UAE
News

Aani Instant Payments Platform Launches in UAE

Aani, an instant payments platform, aims to transform the landscape of digital payments in the UAE, ushering in a new era of seamless, secure, and instant digital payments.

UAE Сentral Bank Selects Technology and Legal Partners for CBDC Project
Countries

UAE Сentral Bank Selects Technology and Legal Partners for CBDC Project

The UAE Central Bank (CBUAE) has chosen Clifford Chance, R3, and G42 Cloud as partners in the implementation of the digital currency creation project.

UAE and India to Test Cross-Border CBDC Use
Finance & Economics

UAE and India to Test Cross-Border CBDC Use

The Central Bank of the UAE and the Reserve Bank of India have agreed to jointly explore innovation in financial products and services, especially Central Bank Digital Currencies (CBDC)

Abu Dhabi Launches $2 Billion Program for Web3 and Blockchain Development
Fintech & Ecommerce

Abu Dhabi Launches $2 Billion Program for Web3 and Blockchain Development

The Hub71+ Digital Assets will be an ecosystem promoting the success of blockchain and Web3 startups.

UAE Central Bank Launches Digital Finance Initiatives
Finance & Economics

UAE Central Bank Launches Digital Finance Initiatives

The Central Bank of the UAE launched Financial Infrastructure Transformation Programme which includes nine key digital finance initiatives to make UAE financial and digital payment hub