The Qatar Central Bank has launched the first phase of a central bank digital currency project, focusing on large payment settlements among major banks and lasting through October.
The Qatar Central Bank has completed the infrastructure for a central bank digital currency project and launched the first phase of an experimental project. The QCB will look at settlements of large payments among large local and international banks.it would focus on distributed ledger technology, artificial intelligence, enhancing liquidity and transactions with securities. The project will run through October.
"The neighboring United Arab Emirates was a founding member of the mBridge project, along with China, Hong Kong and Thailand. It has alreadyShariah Law Opens to Crypto Trading, but Full Adoption Highly Unlikelya new fintech sandbox. The Express Sandbox offers a “reduced testing period, rapid testing cycles, and a streamlined overall evaluation process” for eligible participants.
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