🚀 Exciting news from Iran! The Central Bank of Iran (CBI) is set to launch the Digital Rial, a central bank digital currency (CBDC), aiming to modernize its financial system and enhance global cooperation. Governor Mohammad Reza Farzin announced this at the 11th Annual Conference on Modern Banking and Payment Systems.

🔗 Key Highlights:

- The Digital Rial, developed since 2018, aims to streamline domestic transactions and reduce cash reliance.

- Iran is leveraging fintech to counter global sanctions, collaborating with BRICS nations and integrating payment systems with Russia.

What are your thoughts on Iran's digital currency move? Share in the comments! 💬