When it comes to global reserve currency for the agriculture industry, the American dollar is king, but it’s reign will not ...

Philip Lane, chief economist of the European Central Bank, recently expressed urgency for the need to develop a digital euro—also known as a central bank digital currency (CBDC)—to compete ...

UAE to launch Digital Dirham by 2025, enhancing financial security, cross-border payments, and digital transactions with CBDC ...

The digital dollar would be a central bank-issued digital currency (CBDC). Instead of displacing cryptocurrencies, a digital ...

The global financial scenario is changing rapidly with the emergence of Central Bank Digital Currencies (CBDCs) and ...

Philip Lane said the prevalence of electronic payments using Apple Pay, Google Pay and PayPal "exposes Europe to risks of ...

The world is already moving towards a multicurrency system as financial technologies evolve and China pushes the yuan, ...

Europe needs a digital currency to safeguard against threats from new forms of money like stablecoins, and reduce reliance on ...

The UAE’s move mirrors a similar initiative in Saudi Arabia, where the Saudi Central Bank (SAMA) unveiled an official symbol ...

The United Arab Emirates is set to issue its own blockchain-backed central banking digital currency (CBDC) by late 2025.

The Central Bank of UAE on Thursday launched new symbols for the national currency , the dirham, in its physical and digital ...