🔥🔥🔥Qatar Central Bank launches first phase of CBDC project
The central bank will test and develop selected applications of the CBDC for settling large payments with local and international banks.
The Qatar Central Bank (QCB) has announced the completion of the infrastructure development for its Central Bank Digital Currency (CBDC) project, marking a significant milestone in its efforts to embrace digital financial transformations.
In a June 2 press release, the QCB said it has started the the first phase of its CBDC project, which is expected to last until October.
