Amid the growing prominence of decentralized finance, central banks are increasing their endeavors to maintain control over financial systems, including through central bank digital currencies (CBDCs). Recent strides by MENA countries indicate the region’s growing interest in CBDCs. Earlier this month, Saudi Arabia’s central bank joined a cross-border trial for CBDCs, Project mBridge, which already… Continue reading Central Bank Digital Currencies’ Impact on MENA Economies – Council Views