Sandy Ingram
If digital dinars are restricted to residents, those holding physical IQD outside Iraq may need to cash out sooner rather than later.
However if Iraq opens access to digital accounts it could provide a modernized way for foreigners to hold and trade IQD but only through officially sanctioned channels.
Iraq's central bank is gearing up to introduce a digital dinar, marking a significant shift towards digital currency management...
The digital dinar will function as an official electronic currency issued by the CBI, holding the same value as physical cash but traded exclusively through digital wallets and authorized platforms. This move will distance Iraq from US control over the central bank of Iraq.