UAE Makes First Digital Dirham Transaction in Milestone for Digital Economy

Digital Dirham Used for First Official Government Transaction

The Ministry of Finance and Dubai Finance (DOF) have announced the execution of the UAE’s first government financial transaction using Digital Dirham, in collaboration with the Central Bank of the UAE. The transaction marks a significant step towards broa

UAE makes first Digital Dirham transaction in milestone for digital economy

Pilot transaction hailed as a 'pivotal moment'

UAE conducts first government transaction using Digital Dirham

Move builds on cross-border payment success as UAE expands Digital Dirham adoption

New milestone: UAE executes first Digital Dirham transaction in under 2 minutes

The new national milestone reflects the UAE's leadership in future FinTech. The transaction was completed through government payment platform mBridge in under 2 minutes

UAE Enters The CBDC Race As Digital Dirham Goes Live - Coin Surges

The United Arab Emirates has taken a clear step into live testing of a central bank digital currency. A UAE government transfer using a digital dirham took place this week, and officials say the payment settled in less than two minutes. This marks the first recorded transaction in the nation’s pilot program. UAE Gov’t Transaction Marks Test According to government and industry reports, the transfer was carried out by the Central Bank of the UAE …

UAE Enters The CBDC Race As Digital Dirham Goes Live

The United Arab Emirates has taken a clear step into live testing of a central bank digital currency. A UAE government transfer using a digital dirham took place this week, and officials say the payment settled in less than two minutes. This marks the first recorded transaction in the nation’s pilot program. UAE Gov’t Transaction Marks Test According to government and industry reports, the transfer was carried out by the Central Bank of the UAE …