Crypto-Rial Program Making Progress: CBI

The Central Bank of Iran on Monday revealed a draft of its central bank digital currency (CBDC) project whitepaper, known as the crypto-rial and called for recommendations before moving forward. 
According to a press release seen on the CBI website, the project is in pre-test phase and the pilot test would be launched after its early performance is scrutinized. 
At this phase, Bank Melli Iran and Bank Mellat have started selling limited amounts of crypto-rial to some people. Two shops are also accepting the crypto-rial.