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.

Central Bank of Iran (CBI) Governor Abdolnasser Hemmati says the bank is considering various options on how it can issue an official digital currency amid a global race to modernize payments systems and reduce the risks related to privately issuedcryptocurrencies. Hemmati said on his Instagram page on Sundaythat experts at the CBI were working on ...