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Market Cap:
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AMB Crypto
2023-02-13 13:00:48

UAE set to issue CBDC for cross-border payments and domestic usage

UAE set to issue CBDC for cross-border payments and domestic usage

The Central Bank of the United Arab Emirates is set to launch its CBDC. The CBDCs are part of a larger program called FIT, which seeks to accelerate digital transformation. The Central Bank of the United Arab Emirates (CBUAE) recently launched its Financial Infrastructure Transformation (FIT) program. The program aims to support the country’s financial

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