{"id":6163,"date":"2023-05-31T15:06:50","date_gmt":"2023-05-31T10:06:50","guid":{"rendered":"https:\/\/mbt.mv\/?p=6163"},"modified":"2023-05-31T15:06:50","modified_gmt":"2023-05-31T10:06:50","slug":"mma-discusses-digital-rufiyaa-introduction","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=6163","title":{"rendered":"MMA discusses &#8220;Digital Rufiyaa&#8221; introduction"},"content":{"rendered":"<p>The Deputy Governor of Maldives Monetary Authority (MMA) Ahmed Imad said that discussions are now underway to create a digital version of the Maldivian Rufiyaa.<\/p>\n<p>While speaking at the Maldives Financial Forum, which commenced on 29th May, the Deputy Governor said that 94% of the usable currency in the Maldives is currently digital. He added that this was indicative of the wide banking and financial technology (FinTech) opportunities in the Maldives.<\/p>\n<p>Imad also said that the introduction of cryptocurrency and digital token options in the Maldivian financial sector will enhance the financial transactions and contribute towards the collective growth of the economy.<\/p>\n<p>&#8220;When we begin such an initiative, we need to gain the trust and support of all stakeholders, and establish clear regulatory frameworks to effectively implement digital currency options,&#8221; commented Imad.<\/p>\n<p>He further highlighted the importance of providing greater opportunities to local FinTech solution providers through the implementation of financial regulations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Deputy Governor of Maldives Monetary Authority (MMA) Ahmed Imad said that discussions are now underway to create a digital version of the Maldivian Rufiyaa. While speaking at the Maldives Financial Forum, which commenced on 29th May, the Deputy Governor said that 94% of the usable currency in the Maldives is currently digital. He added<\/p>\n","protected":false},"author":4,"featured_media":6164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2424,2428],"tags":[427,493,662,665,667,1326,1507],"class_list":{"0":"post-6163","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-public-sector","9":"tag-cryptocurrency","10":"tag-digital-currency","11":"tag-financial-technology","12":"tag-fintech","13":"tag-fintech-solutions","14":"tag-maldives-monetary-authority","15":"tag-mma"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MMA discusses &quot;Digital Rufiyaa&quot; introduction - Maldives Business Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mbt.mv\/?p=6163\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MMA discusses &quot;Digital Rufiyaa&quot; introduction - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"The Deputy Governor of Maldives Monetary Authority (MMA) Ahmed Imad said that discussions are now underway to create a digital version of the Maldivian Rufiyaa. While speaking at the Maldives Financial Forum, which commenced on 29th May, the Deputy Governor said that 94% of the usable currency in the Maldives is currently digital. He added\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mbt.mv\/?p=6163\" \/>\n<meta property=\"og:site_name\" content=\"Maldives Business Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mvbiztimes\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-31T10:06:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mbt.mv\/wp-content\/uploads\/2023\/05\/366277_3_5181363ff90fc3e95b3958c6bc9678b9365f1cc1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"968\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mohamed Reehaan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:site\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohamed Reehaan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mbt.mv\/?p=6163#article\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/?p=6163\"},\"author\":{\"name\":\"Mohamed Reehaan\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\"},\"headline\":\"MMA discusses &#8220;Digital Rufiyaa&#8221; introduction\",\"datePublished\":\"2023-05-31T10:06:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=6163\"},\"wordCount\":156,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=6163#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2023\/05\/366277_3_5181363ff90fc3e95b3958c6bc9678b9365f1cc1-1.jpg\",\"keywords\":[\"Cryptocurrency\",\"Digital Currency\",\"Financial Technology\",\"Fintech\",\"Fintech Solutions\",\"Maldives Monetary Authority\",\"MMA\"],\"articleSection\":[\"FINANCE\",\"PUBLIC SECTOR\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mbt.mv\/?p=6163#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mbt.mv\/?p=6163\",\"url\":\"https:\/\/mbt.mv\/?p=6163\",\"name\":\"MMA discusses \\\"Digital Rufiyaa\\\" introduction - Maldives Business Times\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=6163#primaryimage\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=6163#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2023\/05\/366277_3_5181363ff90fc3e95b3958c6bc9678b9365f1cc1-1.jpg\",\"datePublished\":\"2023-05-31T10:06:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/mbt.mv\/?p=6163#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mbt.mv\/?p=6163\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mbt.mv\/?p=6163#primaryimage\",\"url\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2023\/05\/366277_3_5181363ff90fc3e95b3958c6bc9678b9365f1cc1-1.jpg\",\"contentUrl\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2023\/05\/366277_3_5181363ff90fc3e95b3958c6bc9678b9365f1cc1-1.jpg\",\"width\":1500,\"height\":968,\"caption\":\"Deputy Governor Ahmed Imad\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mbt.mv\/?p=6163#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mbt.mv\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MMA discusses &#8220;Digital Rufiyaa&#8221; introduction\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mbt.mv\/#website\",\"url\":\"https:\/\/mbt.mv\/\",\"name\":\"Maldives Business Times\",\"description\":\"Maldives Business Times delivers timely and in-depth English news on business, economy, and breaking events in the Maldives.\",\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mbt.mv\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/mbt.mv\/#organization\",\"name\":\"Maldives Business Times\",\"url\":\"https:\/\/mbt.mv\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png\",\"contentUrl\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png\",\"width\":1312,\"height\":736,\"caption\":\"Maldives Business Times\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/mvbiztimes\",\"https:\/\/x.com\/mvbiztimes\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\",\"name\":\"Mohamed Reehaan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g\",\"caption\":\"Mohamed Reehaan\"},\"url\":\"https:\/\/mbt.mv\/?author=4\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"MMA discusses \"Digital Rufiyaa\" introduction - Maldives Business Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mbt.mv\/?p=6163","og_locale":"en_US","og_type":"article","og_title":"MMA discusses \"Digital Rufiyaa\" introduction - Maldives Business Times","og_description":"The Deputy Governor of Maldives Monetary Authority (MMA) Ahmed Imad said that discussions are now underway to create a digital version of the Maldivian Rufiyaa. While speaking at the Maldives Financial Forum, which commenced on 29th May, the Deputy Governor said that 94% of the usable currency in the Maldives is currently digital. He added","og_url":"https:\/\/mbt.mv\/?p=6163","og_site_name":"Maldives Business Times","article_publisher":"https:\/\/www.facebook.com\/mvbiztimes","article_published_time":"2023-05-31T10:06:50+00:00","og_image":[{"width":1500,"height":968,"url":"https:\/\/mbt.mv\/wp-content\/uploads\/2023\/05\/366277_3_5181363ff90fc3e95b3958c6bc9678b9365f1cc1-1.jpg","type":"image\/jpeg"}],"author":"Mohamed Reehaan","twitter_card":"summary_large_image","twitter_creator":"@mvbiztimes","twitter_site":"@mvbiztimes","twitter_misc":{"Written by":"Mohamed Reehaan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mbt.mv\/?p=6163#article","isPartOf":{"@id":"https:\/\/mbt.mv\/?p=6163"},"author":{"name":"Mohamed Reehaan","@id":"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2"},"headline":"MMA discusses &#8220;Digital Rufiyaa&#8221; introduction","datePublished":"2023-05-31T10:06:50+00:00","mainEntityOfPage":{"@id":"https:\/\/mbt.mv\/?p=6163"},"wordCount":156,"commentCount":0,"publisher":{"@id":"https:\/\/mbt.mv\/#organization"},"image":{"@id":"https:\/\/mbt.mv\/?p=6163#primaryimage"},"thumbnailUrl":"https:\/\/mbt.mv\/wp-content\/uploads\/2023\/05\/366277_3_5181363ff90fc3e95b3958c6bc9678b9365f1cc1-1.jpg","keywords":["Cryptocurrency","Digital Currency","Financial Technology","Fintech","Fintech Solutions","Maldives Monetary Authority","MMA"],"articleSection":["FINANCE","PUBLIC SECTOR"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/mbt.mv\/?p=6163#respond"]}]},{"@type":"WebPage","@id":"https:\/\/mbt.mv\/?p=6163","url":"https:\/\/mbt.mv\/?p=6163","name":"MMA discusses \"Digital Rufiyaa\" introduction - Maldives Business Times","isPartOf":{"@id":"https:\/\/mbt.mv\/#website"},"primaryImageOfPage":{"@id":"https:\/\/mbt.mv\/?p=6163#primaryimage"},"image":{"@id":"https:\/\/mbt.mv\/?p=6163#primaryimage"},"thumbnailUrl":"https:\/\/mbt.mv\/wp-content\/uploads\/2023\/05\/366277_3_5181363ff90fc3e95b3958c6bc9678b9365f1cc1-1.jpg","datePublished":"2023-05-31T10:06:50+00:00","breadcrumb":{"@id":"https:\/\/mbt.mv\/?p=6163#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mbt.mv\/?p=6163"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mbt.mv\/?p=6163#primaryimage","url":"https:\/\/mbt.mv\/wp-content\/uploads\/2023\/05\/366277_3_5181363ff90fc3e95b3958c6bc9678b9365f1cc1-1.jpg","contentUrl":"https:\/\/mbt.mv\/wp-content\/uploads\/2023\/05\/366277_3_5181363ff90fc3e95b3958c6bc9678b9365f1cc1-1.jpg","width":1500,"height":968,"caption":"Deputy Governor Ahmed Imad"},{"@type":"BreadcrumbList","@id":"https:\/\/mbt.mv\/?p=6163#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mbt.mv\/"},{"@type":"ListItem","position":2,"name":"MMA discusses &#8220;Digital Rufiyaa&#8221; introduction"}]},{"@type":"WebSite","@id":"https:\/\/mbt.mv\/#website","url":"https:\/\/mbt.mv\/","name":"Maldives Business Times","description":"Maldives Business Times delivers timely and in-depth English news on business, economy, and breaking events in the Maldives.","publisher":{"@id":"https:\/\/mbt.mv\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mbt.mv\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/mbt.mv\/#organization","name":"Maldives Business Times","url":"https:\/\/mbt.mv\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mbt.mv\/#\/schema\/logo\/image\/","url":"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png","contentUrl":"https:\/\/mbt.mv\/wp-content\/uploads\/2025\/02\/background_removed_image_x5KLRjOsQMGL6jgPS4Hiew.png","width":1312,"height":736,"caption":"Maldives Business Times"},"image":{"@id":"https:\/\/mbt.mv\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/mvbiztimes","https:\/\/x.com\/mvbiztimes"]},{"@type":"Person","@id":"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2","name":"Mohamed Reehaan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mbt.mv\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ac0f3a9111db774c387735910f0eeee4432a0db79cc936fe00f3f0fb05f1af6c?s=96&d=mm&r=g","caption":"Mohamed Reehaan"},"url":"https:\/\/mbt.mv\/?author=4"}]}},"_links":{"self":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/posts\/6163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6163"}],"version-history":[{"count":0,"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/posts\/6163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=\/wp\/v2\/media\/6164"}],"wp:attachment":[{"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mbt.mv\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}