23 Nov 2024
Tuesday 18 June 2024 - 19:00
Story Code : 423488
Source : IRNA

Iran Central Bank looking into piloting digital currency

The Iran Project : The Central Bank of Iran (CBI) says it is planning to introduce a digital currency (CBDC) to facilitate purchases for the clients of the banking network in the country.
Iran Central Bank looking into piloting digital currency
Iran Central Bank looking into piloting digital currency
According to The Iran Project, pilot version of its digital currency is ready to be rolled out on the island of Kish, southern Iran, after several years of work and studies on the program.

The CBI hopes the pilot platform could enable the bank to finally launch a digital form of Iran’s national currency the rial.

Iran's Mellat and Tejarat banks will contribute to the pilot project in Kish, which is to be launched in July.
Reporter : Editorial of The Iran Project
https://theiranproject.com/vdcivpa5vt1ar52.ilct.html
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