bitcoin-dubai
CBDC

UAE announces plan to introduce CBDC

The Central Bank of the UAE (CUAE) has announced a transformation program for the emirate’s financial sector, and its nine initiatives include a CBDC. In order to make UAE a “financial and digital payment hub”, the CUAE has launched the Financial Infrastructure Transformation Programme (FIT). The wider aim is to push the CUAE among the…

blockchain as a service
World crypto adoption

Successful blockchain growth requires global cooperation

Consistency and adherence to best practices depend on the work of international standard-setting organizations. One of the most intriguing technological advancements of our day, blockchain is revolutionizing a wide range of goods and services. The blockchain market could be valued $1.4 trillion by 2030 and increase the world’s gross domestic product by $1.76 trillion. The…