The Central Bank of Iran (CBI) is set to launch a pilot program for its Central Bank Digital Currency (CBDC), the Digital Rial, on June 21. The initiative will allow customers to make purchases and transfer funds by scanning a barcode, enabling cashless transactions. The pilot scheme will be initially rolled out on the island of Kish and aims to streamline fund transfers by bypassing interbank settlement. The digital currency will be accessible to the public in July under the pilot scheme, expanding a program that started in 2023.
Iran announces plans to test its public Central Bank Digital Currency (CBDC) in June, with the goal of streamlining fund transfers using the digital Rial, and bypassing interbank settlement. #Iran #CBDC #DigitalCurrency
🇮🇷WOULD YOU TRUST IRAN’S CB CRYPTO CURRENCY? The Central Bank of Iran (CBI) announced the launch of a pilot scheme for their CBDC, the Digital Rial, on the island of Kish. The new rollout will expand its digital rial pilot program, which started in 2023. CBI: “Unlike other… https://t.co/EV4xARRYn1
🇮🇷WOULD YOU TRUST IRAN’S CBDC CRYPTO CURRENCY? The Central Bank of Iran (CBI) announced the launch of a pilot scheme for their CBDC, the Digital Rial, on the island of Kish. The new rollout will expand its digital rial pilot program, which started in 2023. CBI: “Unlike other… https://t.co/wsrqcjjX5E
Iran's central bank says its digital currency will be accessible to the public in July under a pilot scheme. Another one.
Iran's central bank is set to launch a pilot for its digital rial enabling cashless transactions for banking customers https://t.co/3DQ6orh27x
The Central Bank of Iran (CBI) is introducing a digital rial into public circulation on June 21, allowing customers to make purchases and transfer funds by scanning a barcode, according to the CBI’s public relations department. https://t.co/MTGTeHiFtZ