Jordan’s central bank governor has stated that the nation is actively examining and exploring the idea of creating a central bank digital currency (CBDC) connected to the Jordanian dinar. Furthermore, the governor of the Central Bank of Jordan (CBJ), Adel Al Sharkas, said that if the necessary regulatory framework is in place, the CBJ may enable crypto trading.
Sharkas’ comments came after Khair Abu Sa’ilik, the chairman of Jordan’s Lower House Economy and Investment Committee, warned of the dangers of cryptocurrency trading.
Attendees at the same conference are said to have discussed the sort of regulatory structure that may be required to safeguard investors from such dangers. They also talked about the possibility of establishing a regulated bitcoin trading platform.
The governor of the Central Bank of Jordan is mentioned in an Unblock Media piece explaining why Jordan has banned crypto trading. He listed China and four other Arab nations as examples of countries that have outlawed cryptocurrency trade. Jordan has restricted crypto trading, according to Al Sharkas, in order to safeguard investors from unscrupulous crypto investment schemes.
Hmm, that’s all from Jordan for now. Wrap!
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