Digital Dirham: Legal Implications of UAE's CBDC Journey

Digital Dirham:

Legal Implications of UAE's CBDC Journey

By

Shahid Jamal Tubrazy

(Free PDF Book Available)

Description:

As the digital transformation of the global financial landscape continues to unfold, Central Bank Digital Currencies (CBDCs) have emerged as a key innovation with far-reaching implications. The Digital Dirham, the proposed CBDC of the United Arab Emirates (UAE), represents a significant milestone in the UAE's journey toward digital modernization and financial innovation. The introduction of a CBDC, such as the Digital Dirham, is a complex and multifaceted endeavor, and its legal implications are paramount in shaping the landscape of digital finance.

This book, "Digital Dirham: Legal Implications of UAE's CBDC Journey," delves into the multifaceted legal dimensions surrounding the Digital Dirham. It is a comprehensive exploration of the legal and regulatory considerations necessary for the successful development, implementation, and use of a CBDC. Our aim is to provide a comprehensive understanding of the legal framework that underpins this transformative digital currency and its journey in the UAE.

The book is intended for a broad audience, encompassing legal professionals, policymakers, financial institutions, academics, and anyone interested in the evolving landscape of digital currencies. By examining the legal implications of the Digital Dirham, we aim to shed light on the various facets that need to be addressed to ensure a secure, efficient, and trusted digital currency ecosystem in the UAE.

In the pages that follow, you will find a comprehensive analysis of the legal aspects associated with the Digital Dirham, including considerations of data privacy, consumer protection, regulatory frameworks, and much more. It is our hope that this book serves as a valuable resource for all stakeholders involved in the development and regulation of CBDCs, not only in the UAE but also for those examining similar initiatives around the world.

We extend our gratitude to the Central Bank of the UAE, the UAE government, and all relevant authorities for their dedication to ensuring a robust legal framework for the Digital Dirham. We also acknowledge the experts, scholars, and legal practitioners who have contributed their insights and expertise to make this book possible.

We embark on this exploration of the legal implications of the Digital Dirham with a commitment to fostering a greater understanding of the complex yet exciting world of CBDCs. As the landscape continues to evolve, this book serves as a testament to the importance of staying informed and adapting to the changing tides of digital finance.

For Consultancy:

Shahid Jamal Tubrazy (Crypto & Fintech Lawyer)

Shahid Jamal Tubrazy, a certified top expert in Crypto Law from Duke University, specializes in #cryptocurrency and #blockchain. As a #FintechLawyer, his services cover legal guidance for #ICOs, #STOs, #DeFi, #DAO, and more. With a strong track record and published books on #BlockchainRegulation and #cryptocurrencyLaws, he offers comprehensive expertise in navigating fintech's complexities. #CryptoAML #LockedAssets #FrozenAssets 🌐💼.

EMAIL: shahidtubrazy@gmail.com  

Website: https://cyberlawconsult.wixsite.com/cryptolawyer 

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LinkedIn: https://www.linkedin.com/in/tubrazyfintechlawyer/