Bitcoin.com News
Bitcoin.com News|Mar 28, 2025 08:34
The Central Bank of the UAE (CBUAE) unveils the official symbol for the Digital Dirham, set to launch in retail markets by late 2025! A key part of the UAE’s Financial Infrastructure Transformation Programme, the Digital Dirham aims to solidify the nation as a global leader in financial innovation. 💱🌍 Backed by Federal Decree-Law No. (54) of 2023, this blockchain-based digital currency will be legal tender, enhancing financial inclusion, liquidity, and automation via smart contracts. With a secure digital wallet and access through licensed institutions, the Digital Dirham promises reduced costs, improved risk management, and cutting-edge financial solutions. How will the Digital Dirham transform global financial markets? Share your thoughts!
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