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Central Bank of Jordan reveals CBDC plans -Breaking

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© Reuters.

According to the Central Bank of Jordan, it has begun research into creating a digital currency. CBDC, the digital currency of central banks (CBJ), would be linked with the Jordanian dinar. It also has legal standing.

CBJ Governor Adel Al Sharkas has stated that his organization is looking into the possibility of creating legal cryptocurrency. He predicted that cryptocurrency trading could eventually become legal in Jordan, once appropriate legislation has been passed. He stated: