TechFlow news, a official from the Qatar Central Bank (QCB) said the institution is currently studying digital banking licenses and digital currencies. The official, Alanood Abdullah Al Muftah, head of the bank's fintech department, added that the study will help QCB better understand the areas it should focus on.
In an interview with The Peninsula, Al Muftah said the research will examine "different aspects and verticals of fintech," as well as determine whether issuing a central bank digital currency (CBDC) is feasible for Qatar.
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