A bold move or a dangerous adventure? Al-Alawi’s analysis for “dinaropinions.com” about the Iraqi digital currency

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A bold move or a dangerous adventure? Al-Alawi’s analysis for “dinaropinions.com” about the Iraqi digital currency

the head of the Iraqi monetary Alliance, Adi Al-Alawi, careworn the importance of the virtual foreign money venture in Iraq, but he advises restructuring the relevant financial institution and the complete banking device first before enforcing such countrywide projects, which would take the countrywide economic system to a qualitative leap.”

Al-Alawi added in a declaration to “dinaropinions.com” that “launching such projects amidst the contemporary chaos may negatively have an effect on the countrywide financial system, because of the citizen’s loss of confidence inside the banking machine,” stressing that “speeding implementation with out presenting the right banking environment may cause unwanted results.”