Dubai’s state-backed digital currency emcash will soon have its own payment system for goods, services, and other transactions. Consumers in Dubai will soon be able to use digital currency to pay for ...

Dubai’s Department of Finance (DoF) has successfully tested the settlement of crypto payments to fiat AED currency or AED stablecoins for its governmental service fees. The testing was done in ...

CBDC is a digital form of a country’s sovereign currency designed to function as a digital equivalent of traditional banknotes and coins. More than 100 countries today are exploring the potential ...

A senior Dubai law enforcement official has predicted that digital currency will “soon” usurp cash, local news outlet Khaleej Times reported Sunday, September 16. Speaking during a panel he was ...

Eid holidays, the Dubai 100, UAE petrol prices, Royal Baby named, Palm Jebel Ali investments and more top news stories this ...

While the world waits to see how the People’s Bank of China moves to regulate bitcoin and digital currencies, another central bank is quietly putting its own rules in place. The Central Bank of the ...

ABU DHABI (Reuters) - The United Arab Emirates is working with Saudi Arabia's central bank to issue a digital currency that would be accepted in cross-border transactions between the two countries, ...

As the QE2 leaves the UK for the final time before becoming a floating hotel in Dubai, figures from foreign currency expert M&S Money suggest that the region continues to be a popular winter ...

The Sudanese pound has shed nearly two-fifths of its value after a de facto embargo on flights from the army's wartime ...