Scientific Publication

Asst. Prof. Dr. Maitham Hamid Naser, lecturer at the Dept. of International Economic Relations, College of Political Science, Al-Nahrain University, published a policy paper titled “National Digital Currency Wall Against Bitcoin: Iraqi Digital Dinar as a Model”.

• The Central Bank of Iraq announced plans to launch the digital Iraqi dinar in local and international transactions
• Aims to address liquidity shortage and cash hoarding in Iraq
• Iraq can benefit from digital currency advantages, especially with emerging international banks and transactions legitimizing these uses
• Digital currency trading expected to rise from $100M (2023) to $213B (2030)
• Cryptocurrencies are a financial innovation impacting global economy and monetary policy
• Bitcoin, launched in 2007, is a decentralized electronic currency system operating without intermediaries