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Digital Dirhams Redefine UAE-China Trade

Will new digital settlements set precedent for continued BRICS divergence from traditional payment channels?

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In a groundbreaking move that signals the growing influence of digital currencies on global commerce, the UAE and China have successfully executed a pioneering transaction using Digital Dirhams. This isn't just a leap for the nations involved but a sign of the evolving landscape in international trade and finance especially in the Asian market at more countries may join Mbanks settlement efforts.

Will BRICS nations continue their efforts to leave SWIFT - and the majority of internatnional sanctions - in the dust?

Let's dive in!

  • UAE and China execute a significant trade using digital dirhams. — Read More

  • Inflation and labor data could increase stock and crypto volatility, with Fed policy focus heightened due to reduced liquidity. — Read More

  • DeFi lending hits new records with a 54.84% increase in Q3, reaching $40.99 billion. — Read More

  • CryptoQuant reports Bitcoin's deepest correction in current cycle, questions remaining bull rally. — Read More

  • Ethereum's Buterin warns X's location feature poses privacy risks, predicts it helps sophisticated manipulators circumvent security. — Read More

  • South Korea’s FIU plans to impose penalties for AML violations on major crypto exchanges, mirroring past sanctions on Dunamu. — Read More

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