Central Bank of Jordan (CBJ) has revealed that it is researching issuing a digital currency. The central bank digital currency (CBDC) would be linked to the Jordanian dinar and have legal standing. Adel Al Sharkas, the governor of CBJ, has reportedly stated that his institution is researching the option of creating a legal digital currency. He also predicted that cryptocurrency trading might eventually be permitted in Jordan once the appropriate legislation is in place. He said: “With regards to the plans to issue a Jordanian digital currency, a study is underway to develop a legal digital currency linked to Jordanian dinar. It is possible in the future to allow cryptocurrency trading, after enacting [the] legislation and regulations.” Per the report, Sharkas’ comments were made duri...
Jordanian security forces have arrested a former adviser to King Abdullah and others on “security related” grounds, the Petra state news agency said. Bassem Awadallah, a long-time confidant of the king who later became minister of finance, and Sharif Hassan bin Zaid, a former royal envoy, were detained along with other unnamed figures, Petra said. It gave no further details and said an investigation was under way. اعتقال الشريف حسن بن زيد وباسم عوض الله وآخرين لأسباب أمنيةhttps://t.co/3SzKcWHzln#بترا — Jordan News Agency (@Petranews) April 3, 2021 Arrests of top officials close to royal family members are rare in Jordan. Awadallah, who was a driving force behind economic reforms before he resigned as chief of the royal court in 2008, has long faced stiff resistance from an old guard and an...
Jordan on Sunday confirmed two cases of a particularly infectious coronavirus variant in a man and his wife who had arrived from Britain. Health Minister Nazir Obeidat said the Jordanian couple travelled to the kingdom on December 19 and were found to be infected with the new strain of the virus after being tested and isolated. The couple were still in quarantine and being monitored by medical experts according to virus protocols, Obeidat said, adding they were both in “excellent health” condition. The new strain of the virus emerged earlier this month in Britain and has already reached several European countries, as well as Japan and Canada. The new strain, which experts fear is more contagious, prompted more than 50 countries to impose travel restrictions on Britain. Jordan was among the...
Election comes amid popular discontent over economic woes worsened by COVID-19 and corruption allegations. Jordan’s King Abdullah has dissolved parliament, paving the way for an election in November. Under constitutional rules, the government must resign within a week. In July, Jordan’s electoral commission set November 10 as the date for a parliamentary election after the monarch called for countrywide polls to be held at the end of the parliament’s four-year term. The king issued a royal edict ordering the dissolution of parliament effective on Sunday. The assembly comprises 130 legislators, mainly pro-government tribal officials, businessmen and ex-security officials. The move is likely to be followed by a wider government shake-up to ward off popular disenchantment over economic hardsh...
Source: Jordan Brand / NIke A few weeks ago it was revealed that the NBA approved a new measure which would let it’s players don social justice messages on their jerseys when the season gets back underway, now it looks like the Jumpman logo will be shining right alongside messages like “Black Lives Matter” and “I Can’t Breathe.” Nike has announced that Jordan Brand will be included on all Statement Edition NBA jerseys once the ball hits the hardwood in Florida come July 30. The inclusion of the Jumpman logo on Statement Edition uniforms expands Jordan Brand’s connection to all 30 NBA franchises. Since 2017, the Charlotte Hornets have been outfitted by Jordan Brand, and the brand has supplied the NBA All-Star Game uniforms for three years in a row. Racists and MAGA cult members go...