[Response to Guru Sandy’s 3-21-2025 digital dinar post below] It was made abundantly clear that the electronic dinar/digital dinar will be used exclusively for International/ cross-border payments due to the expansion of global trade. That’s the reason for it and the folding currency will be used for domestic trade and banks will use three zero notes for intrabank transfers. There is no “IF”.
Above mentioned Post is below
Sandy Ingram [1 of 2] 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…
Sandy Ingram [2 of 2] 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.
