From Pilot to Policy: The Accelerated Adoption of Digital Currencies in MENA

From Pilot to Policy: The Accelerated Adoption of Digital Currencies in MENA

A significant focus has been placed on the development of Central Bank Digital Currencies (CBDCs) within the Middle East and North Africa (MENA) region, highlighting the UAE’s strides in digital currency integration. A recent EY report outlined the UAE Central Bank’s ongoing efforts to incorporate the digital Dirham, inviting commercial banks and payment processors to […]

CBDCs on the horizon: The current state of CBDC initiatives around the world

CBDCs on the horizon: The current state of CBDC initiatives around the world

Source: Cointelegraph Central bank digital currencies (CBDCs) have long been a topic of contested discussion, having often been met with a predominantly negative response in the crypto community. However, despite the skepticism, CBDCs undeniably serve as a significant use case for blockchain technology. BDCs distributed through blockchain technology can provide cheaper, faster and possibly more […]

Snapshot: Which countries have made the most progress on CBDCs so far in 2023

Snapshot: Which countries have made the most progress on CBDCs so far in 2023

Source: Atlantic Council 2023 is already shaping up to be a major year in central bank digital currency (CBDC) exploration. As of March 1, sixty-five countries are in the advanced stage of development, and over twenty central banks have launched their pilots, including Brazil, Japan, and Russia. To dive deeper into these countries, follow our CBDC […]

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