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UAE Unveils CBDC Strategy, First Phase to Be Completed by Mid-2024 - CoinDesk

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The first pillar is the soft launch of the ongoing project mBridge, a collaboration between the Bank for International Settlements (BIS) and the central banks of Hong Kong, the Chinese mainland, the United Arab Emirates and Thailand to study cross-border payments and multi-CBDC transactions.

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UAE Unveils CBDC Strategy, First Phase to Be Completed by Mid-2024 - CoinDesk
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