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UAE Plans to Issue a CBDC to Promote Digital Payments

The deployment of a digital dirham is one of nine key initiatives of the UAE's new Financial Infrastructure Transformation Program.

Updated Feb 13, 2023, 3:29 p.m. Published Feb 13, 2023, 9:35 a.m.
UAE's central bank is planning to issue a central bank digital currency. (Saj Shafique/Unsplash)
UAE's central bank is planning to issue a central bank digital currency. (Saj Shafique/Unsplash)