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UAE to Launch Digital Dirham by 2025

3/30/2025

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Summary

Story summary

The UAE's Central Bank is set to unveil a new Dirham symbol and launch the Digital Dirham, its Central Bank Digital Currency, by late 2025. This innovative digital currency promises to boost financial stability, simplify transactions, and fight financial crime, all while coexisting with traditional cash through a secure digital wallet.

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Story summary

The UAE's Central Bank is set to unveil a new Dirham symbol and launch the Digital Dirham, its Central Bank Digital Currency, by late 2025. This innovative digital currency promises to boost financial stability, simplify transactions, and fight financial crime, all while coexisting with traditional cash through a secure digital wallet.