#digital dirham

The UAE just made Digital Dirham equal to paper money / Image source: File The Central Bank of the UAE (CBUAE) announced a landmark financial ruling this week, confirming the Digital Dirham has been officially designated as full legal tender, placing the nation’s e-currency entirely par with physical cash. Issued under the authority of the UAE Federal Government, the new law mandates universal…

Highlights key design aspects and policies contributing to the development of a secure, trusted, and user-friendly Digital Dirham for individuals and businesses. News – Abu Dhabi (31 July 2025): In preparation for the launch of the UAE’s national digital currency and in support of digital transformation and the evolving digital economy, the Central Bank of the UAE (CBUAE) has published a…

The UAE’s central bank is close to launching its central bank digital currency (CBDC), the digital dirham, for domestic and cross-border payments. The CBUAE has partnered with G42 Cloud and R3 to be the infrastructure and technology providers for the CBDC implementation, which will boost financial inclusion and help the country become a cashless society. The first phase of the CBDC strategy…