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The Central bank of the United Arab Emirates (UAE) announced the inclusion of CBDC digital currency in its national development strategy

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The Central bank of the United Arab Emirates (UAE) on Monday announced the development of a central bank digital currency as one of its seven key development strategies for 2023-2026.

Prior to this, UAE has jointly conducted CBDC research program Aber with Saudi Arabia and joined m-CBDC Bridge with China.

The willingness and implementation of CBDC development in UAE is quite active.

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