The Banking The Banking Executive Magazine - June 2024 Issue

the BANKING EXECUTIVE 48 ISSUE 186 JUNE 2024 FinTech and AI Chornicle Qatar: Assistant Governor for Finan- cial Instruments and Payment Sys- tems at Qatar Central Bank Sheikh Ahmed bin Khalid Al-Thani revealed that the pilot phase of the digital cur- rency project, which will extend until October, will involve Qatar Central Bank and the banks partici- pating in the experiment to settle high-value payments. Speaking to Qatar News Agency (QNA), Sheikh Ahmed bin Khalid Al- Thani noted that QCB has developed four use cases with local and inter- national banks, by issuing and set- tling securities using digital currency. The results will be evaluated and fu- FIRST PHASE OF DIGITAL CURRENCY IN QATAR TO EXTEND UNTIL OCTOBER 2024