UAE Enters The CBDC Race As Digital Dirham Goes Live | Bitcoinist.com

The United Arab Emirates has taken a clear step into live testing of a central bank digital currency. A UAE government transfer using a digital dirham took place this week, and officials say the pa...

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UAE Enters The CBDC Race As Digital Dirham Goes Live | Bitcoinist.com

Source: Bitcoinist.com

The United Arab Emirates has taken a clear step into live testing of a central bank digital currency. A UAE government transfer using a digital dirham took place this week, and officials say the payment settled in less than two minutes. This marks the first recorded transaction in the nation’s pilot program. Related Reading: Bitcoin […]