Iran: Central Bank pilot on national digital currency digital rial
Progress
Current status
adopted
18 Jun 2024 adopted
Scope
Implementers
Iran
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Launched Central Bank's pilot on national digital currency digital rial
On 18 June 2024, the Central Bank launched the Digital Rial payment system on Kish Island as the second step in the adoption process of the Central Bank digital currency (CBDC). The initiative allows banking network customers to conduct transactions…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central bank