July 25
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The Central Bank of Iran (CBI) said it plans to introduce a digital currency (CBDC) to facilitate purchases for banking network customers in the country, Mehr reported. According to a statement from the Central Bank of Iran, the pilot version of the digital currency is ready to launch after several years of work and research on the program.

The Central Bank of IRI hopes the pilot platform will allow the bank to finally launch a digital form of Iran's national currency, the rial. Iranian banks Mellat and Tejarat will contribute to the pilot project initiated on Kish Island in the south of the country, which will be launched in July.

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