Militia Man
Digital Banks Boom
Iraq is set to have more digital banks than its neighboring countries, with the Central Bank Governor expressing confidence in their shift towards digital banking.
Global Attention: An electronic payment conference is underway in Iraq, attended by representatives from international central banks, ministries, and financial institutions, indicating global interest in Iraq's financial stability.
Blockchain Under the Radar: While not explicitly mentioned, the use of blockchain-oriented systems and technologies is hinted at, with references to enhanced transparency, fraud detection, and compliance.
Economic Leap: Iraq is witnessing a significant shift from a cash-based economy to digital payments, with the government's e-governance policies driving this transformation.
Global Integration: The Arab Monetary Fund's involvement signals Iraq's integration into the global economy, with digital diversity and foreign investment on the horizon.
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