Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab ...

Sonic Labs has scrapped its initial plans to launch a US dollar-pegged algorithmic stablecoin, pivoting to a version tied to ...

The United Arab Emirates is set to issue its own blockchain-backed central banking digital currency (CBDC) by late 2025.

As the global race to deploy central bank digital currencies heats up, the UAE announces a firm launch window for its own ...

The United Arab Emirates expects its digital dirham central bank digital currency to roll out in the fourth quarter of 2025.