Today news
About the same in other media
Iran to Launch Public Pilot for Digital Currency on Kish Island
Reading now: 950
The Central Bank of Iran (CBI) formally unveiled on June 18 the public pilot launch of the digital rial, the nation’s central bank digital currency (CBDC). The pilot program is scheduled to debut on June 21, marking the beginning of the Iranian calendar month Tir.
As officially announced, the public rollout of Iran CBDC will take place on Kish Island, a popular tourist destination in the Persian Gulf known as a free trade zone where visitors from many countries can enter visa-free.
The digital rial will enable users on the island to make cashless transactions by simply scanning a barcode, eliminating the need for physical currency or bank cards. The public rollout builds upon a successful pilot program launched in 2023.
Read more on cryptonews.comAbout this in other media
Iranians Flock to Telegram-Based Crypto Game Hamster Kombat Ahead of Token Launch cryptonews.com /5 months ago
The Death of Iran’s President: What It Means for Cryptocurrency and Sanctions Evasion cryptonews.com /5 months ago
Court Allows Lawsuit Against Ripple Over CEO’s Alleged Violation of California Securities Laws cryptonews.com /6 months ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
