Iran Disconnected From SWIFT, to Launch State Backed Crypto Rial

Global provider of secure financial messaging services, SWIFT, has ousted the Central Bank of Iran (CBI) from its financial banking system. The US-led sanctions will make it difficult for Iran to settle its international deals. In response, the authorities in Iran have accelerated the development of their state-backed national digital currency.
Central Bank of Iran’s State Backed Cryptocurrency
According to a local media source, Informatics Services Corporation (ISC), a private tech wing o