Kazakhstan’s financial sector recently strengthened ties with the United Arab Emirates (UAE) through a delegation visit from March 26-27. Kazakhstan, UAE to Cooperate on CBDC
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UAE Central Bank Reveals Digital Dirham Symbol, Targets Late 2025 Launch
The Central Bank of the UAE (CBUAE) has unveiled the official symbol for the Digital Dirham, set to launch in retail markets by late 2025.
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DFSA Promotes Tokenization With New Regulatory Initiative
The Dubai Financial Services Authority has launched the tokenization regulatory sandbox to support firms developing tokenized investment products within the Dubai International Financial Centre. Crypto
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Dollar-Strapped Bolivia to Rely on Cryptocurrency for Energy Imports
Bolivia has integrated a crypto-powered system to pay for fuel imports through its state-owned company YPFB, as it is facing a shortage of dollars and
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Bitcoin Purchases Confined: IMF Approves $1.4 Billion Credit Facility for El Salvador
The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador’s finances and growth prospects. However, the Bukele
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Indonesia Introduces Bullion Banking to Stabilize Foreign Exchange
The country’s authorities opened bullion services in two state-owned institutions and declared that more licenses could follow. Prabowo Subianto, president of Indonesia, stated that this
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