In support of the digital economy in the UAE, the Central Bank has approved Zand Bank's request to launch its own digital currency. This initiative aims to enhance the efficiency of financial operations and strengthen the country's position as a leader in financial technology. Zand Bank's digital currency will be the first private digital asset to receive official approval in the country. The launch of this currency is expected to stimulate innovation in the financial sector and provide customers with new opportunities for fast and secure transactions.
