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UAE's Central Bank Completes Wholesale CBDC Pilot Program
Wholesale Cbdc

UAE's Central Bank Completes Wholesale CBDC Pilot Program

UAE's Central Bank has completed running its wholesale CBDC trials, readying for the next development phase.

Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?
Wholesale Cbdc

Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?

During a panel discussion at the World Economic Forum which included the topic of Central Bank Digital Currencies (CBDCs), David Marcus, Head of Calibra, highlighted that digital currencies are the key to innovate cross-border payments and solve the issues of the unbanked—regardless of if that digital currency is Libra or not.