Central Bank of the UAE is undertaking a joint project with Saudi Arabian Monetary Authority (Sama) to use block-chain technology in order to issue a digital currency accepted in cross-border transactions between the two countries, its governor said in Abu Dhabi on Wednesday. “This is probably the first time ever that witnesses the cooperation of monetary authorities from different countries on this topic and we hope that this achievement will foster similar collaboration in our region,” said Mubarak Rashed Al Mansouri speaking at the high-level meeting for the Arab region on global banking standards and regulatory ... (full story)