The Central Bank of Jordan is exploring the possibility of issuing a state digital currency – Bits Media

Management of the Central Bank of Jordan (CBJ) announced plans to create a state digital currency, pegged to the Jordanian dinar.

CBJ Chairman Adel Al Sharkas (Adel Al Sharkas) stated
about this at the meeting, where the Central Bank's plans for regulation were discussed cryptocurrency trading:

“Research is currently underway to develop a legal digital currency, secured by Jordanian dinar".

Sharkas suggested, that transactions with other crypto assets may be allowed in the kingdom - as soon as the relevant legislation is formalized. Besides, the possibility of creating a licensed platform for cryptocurrency trading is being considered.

The CBJ Chairman noted, that Egypt, Kuwait, Morocco, China and Jordan itself, in due time, Cryptocurrency trading banned. Ban passed in Jordan, according to Sharkas, to protect inexperienced investors from losses resulting from exchange rate fluctuations, fraud, burglary and theft.

The comments of the head of the Central Bank came in response to accusations from the chairman of the economic committee of the lower house of parliament, Khair Abu Salik. (Khair Abu Salik's) to the regulator, which “does not show proper initiative in launching a state digital currency”.

Cryptocurrencies, despite the ban, have become widespread in the country, said the deputy. In his opinion, The Central Bank is required to launch a broad information campaign in the media to raise investor awareness of the risks of trading crypto assets.

Many countries are now in the process of launching their own central bank digital currencies (CBDC). The head of the Bank of Israel project to launch the digital shekel, Yoava Soffer, recently announced his continued study of the cryptocurrency market. The Central Bank of the United Arab Emirates announced
experiments with our own digital currency and its launch in the period from 2023 by 2026 the years. Central Bank of Pakistan 2025 plans to release its own digital currency to “create more convenient access to financial services”, as well as reducing the level of corruption in the country".