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

Crypto News Today: UAE Completes First Transaction Using Digital Dirham

The UAE completes its first government payment using the Digital Dirham via mBridge in under two minutes, marking a digital milestone. The United Arab Emirates has completed its first government financial transaction using the Digital Dirham.  The event marks a major step in the country’s trend toward a fully digital economy. The transaction took place...

UAE Makes its First Government Transaction with Digital Dirham

Sheikh Mansour bin Zayed Al Nahyan, Chairman of the Central Bank, emphasised that the Digital Dirham will help the UAE to create a digital economy. The United Arab Emirates has made a milestone by making its first government financial transaction using the Digital Dirham. This move is made after an earlier pilot that successfully transferred 50 million dirhams to China using the same system. The Ministry of Finance and the Dubai Department of Fi…