
The Central Bank of Jordan is closer to its next step toward a retail central bank digital forex (rCBDC) with the completion of an World Monetary Fund technical represent on the nation’s markets. The IMF performed a three-month mission closing year to help the bank with preparations for a CBDC feasibility represent. The IMF launched its represent on Feb. 23.
Working between July and September 2022, the IMF gave the nation’s present retail price market a largely positive overview, calling it effectively integrated. Two non-bank price service providers (PSPs) fill “in general accessible and appropriate product” and the nation has high smartphone penetration, the represent neatly-known.
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