The Iranian crypto rial may take banks and businesses by surprise, but it could cut down on corruption too.
The Central Bank of Iran will make a pilot launch of a central bank digital currency on Sept. 22, the Iranian Chamber of Commerce hasThe launch of the crypto rial was originallyfor November, according to the Chamber, which said the CBDC was intended “to help improve financial inclusion and function as a powerful tool for the CBI to compete with other stable coins globally.
Iran begins pilot launch of crypto-rial tomorrow: Central Bank of Iran said on Wednesday that it will begin the pilot launch of crypto-rial as the bank’s digital currency as of Thursday.
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