Central Bank of Iran promises CBDC launch, fintech to fight sanctions
The digital rial is being developed for retail purposes so far, but the integration of Iranian payment systems with Russia may foil US sanctions. Go to Source
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Iran Begins Central Bank Digital Currency ‘Crypto Rial’ Pilot Today
The Central Bank of Iran (CBI) has reportedly begun a pilot for its central bank digital currency (CBDC), also known as “crypto rial.” Iran’s chamber of commerce explained that the “crypto rial has been designed in a way that is easy to track, and even if the data on the smartphones are hacked, the crypto … Read more
