DOI 10.5281/zenodo.7303931 2484 | V17.I10 DETERMINANTS OF DIGITAL CURRENCY ADOPTION AMONG EMPLOYEES IN UAE CENTRAL BANK MULHEM BAKI 1 and AZADEH AMOOZEGAR 2 1,2 Limkokwing Graduate School, Limkokwing University of Creative Technology, Cyberjaya, Kuala Lumpur, Malaysia Abstract Recently, there has been a lot of discussion about central bank digital currency. Although this technology has a big impact on the global financial system, it has developed so quickly that the body of knowledge is lacking in many areas. One of these areas is identifying the elements that should encourage the easy adoption of this technology. Globally, and particularly in the banking sector, digital money has grown astronomically. Many central banks are considering releasing their own central banking digital currency (CBDC). Although there are numerous signs that online payments successfully satisfy consumers' expectations despite the sharp rise in both online payment usage and volume, central banks are still investigating the use of a digital currency to streamline and enhance this transaction. However, very few studies have looked into and predicted how such technology may be utilized. This study primarily examines the theory of reasoning action's elements to determine whether they have an impact on how users accept new technologies. A survey of the central bank employees in the UAE's two branches was conducted to determine how these factors affected them. The survey received 94 valid responses. The UAE has a reputation for being one of the first nations to adopt cutting-edge technologies, including smart cities, e-government, and central bank digital currency. A number of conclusions were also derived from the study's findings, which showed how crucial it is to take the Theory of Reasoning and Action into account while planning a CBDC adoption study. The suggested model is an indisputable one that integrates what is already known and offers knowledge to direct next study in a connected topic. Keywords: Digital Currency, Technology, Information System, Subjective Norm, Satisfactory 1. INTRODUCTION For thousands of years, the main objective of state policy has been to provide the populace with trustworthy money through central banks. A public good is reliable money. It serves as an accounting unit, a method of exchange for buying and selling goods and services, a store of value, and a way to settle financial transactions. The role of central banks in producing money for general use is crucial (Settlements et al. 2020). As of right now, the advent of digitalization has led to a major change in socio-economic structures, business models, organizational patterns, and consumption patterns. Examples include the widespread use of online collaboration, communication, banking, shopping, and other services in our day-to-day life (Cochoy et al., 2017). Online users regularly expected that in light of this, money will also experience a digital transition to meet the demands of advancing digital economies. The expansion of virtual economies is dependent on the digitization of banking, the convenience of effective services, and other advantages related with online financial transactions. As a result of this modification, the conventional model payment method was given up. (Brunnermeier and colleagues, 2019).