Would you be interested in a digital Bahraini dinar?
The Central Bank of Bahrain is planning to launch a trial of the digital dinar in the near future! Also, this move is part of the bank’s recovery plan, and the digital dinar is a priority. The Executive Director of Banking Operations at the Central Bank, Hessa Alsada revealed that the bank has been working on this since 2018!
A digital dinar is a form of digital currency that can be used for transactions. It is similar to cryptocurrencies like Bitcoin, but it is backed by a central authority, the Central Bank of Bahrain. The digital dinar will be issued and managed by the central bank, and it will be used for everyday transactions like buying groceries or paying bills.
Ready to switch?
READ MORE:
Here Are 5 Things You Can Do to Treat Yourself This Labour Day in Bahrain
READ MORE:
Art and Culture in Bahrain: 6 Things to Do This Week
READ MORE:
Bahrain Is Set to Celebrate Labour Day Under HM King’s Patronage