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Dubai Completes Crypto Payment Pilot for Government Services


Dubai’s Department of Finance has successfully completed a pilot test enabling the settlement of digital assets in UAE dirhams for instant government service payments. Pilot Transaction Details The Dubai Department of Finance (DoF) has successfully completed a preliminary technical test enabling...

Uganda to Pilot CBDC Backed by Treasury Bonds and Mobile Access


Global Settlement Network (GSN) has partnered with Diacente Group to launch a $5.5 billion tokenized economy in Uganda’s Karamoja region. The initiative includes piloting Uganda’s first central bank digital currency (CBDC), backed by treasury bonds and accessible via mobile devices. Built on GSN’s...

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