The Central Bank of Iran (CBI) is launching a public pilot of a national digital currency aimed at domestic micropayments. 🇮🇷
- From June 21, the digital rial will be available to bank clients and tourists on Kish Island.
- The difference between the digital rial and other electronic money is that there is no need for interbank settlement to transfer funds.
- The goal is to develop the country’s digital economy and improve micropayments.
However, Iran's position on cryptocurrencies remains ambiguous.