Crypto Update: UAE Central Bank Is Here With Its Own Cryptocurrency

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For a major change in the year 2023-2026, the UAE Central Bank has decided to come up with something big, its own cryptocurrency! This news was announced by UAE’s official news agency WAM. The report said that by adopting the latest technologies financial service sectors will transform digitally. Artificial intelligence and big data will help in developing a strong financial cloud infrastructure. The Central Bank of UAE hopes to become one of the worlds top 10 central banks after the launch of its own digital currency.

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