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Dubai News Club > Finance > The Central Bank completes a pilot project for digital currencies for central banks
Finance

The Central Bank completes a pilot project for digital currencies for central banks

Press Room
Last updated: 2022/10/26
Press Room
Published: October 26, 2022
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The Central Bank of the UAE recently completed the first and largest central bank digital currency pilot project, in cooperation with the Hong Kong Monetary Authority, the Bank of Thailand and the Institute of Cryptocurrency…

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The UAE is the first Arab country in manufacturing exports
Individual deposits in banks reach the highest level in their history
The budget of the Central Bank exceeded 594 billion dirhams by the end of March, the highest level in its history
The Central Bank issues the open financing system to ensure the safety and efficiency of services
Masdar enters the Philippine market to develop renewable energy projects

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