Sandy Ingram
CBI governor al-Alaq has emphasized Iraq's financial and banking systems are undergoing fundamental transformations stating paper currencies will decline making way for digital payments issued by central banks.
He confirmed the bank is actively working toward launching its own digital currency aligning with trends seen in other central banks worldwide...
With transactions moving to a controlled digital space, it will become nearly impossible to maintain a secondary unofficial exchange market...Stay positive, we do not yet know what Iraq will do...