Countries With Government Cryptocurrencies
Crypto market is expanding everyday in very quick speed. But still many countries are banning. Good thing is an opposite scenario that some countries are realizing the trends, but they did not accept traditional cryptos, rather they launched their own blockchain currency.
Wondering why they developed new blockchain where there exists many!
May be countries do not want to loss control over decentralized system or they may consider the existing cryptos as strong competitor against their national currency.
But this is sure people are starting understanding the facilities of cryptos and organizations even countries are going towards the system
First government crypto launched in Dubai in 2017 which name is Emcash, currently using in government and non-government services including various fee, money transfers and utility bills.
Then in the same year Venezuela launched “Petro” as their national cryptocurrency.
Estcoin and Russia also proposed to launch their won crypto, but they are still in policy level.
Sweden already declared their crypto name as E-Krona.
Japan is going to start their crypto J-Coin on Tokyo Olympics in 2020.
You got a 0.75% upvote from @minnowvotes courtesy of @showgat.biz!
Congratulations @showgat.biz! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness and get one more award and increased upvotes!
Defended (10.00%)
Summoned by @showgat.biz
Sneaky Ninja supports @youarehope and @tarc with a percentage of all bids.
Everything You Need To Know About Sneaky Ninja
woosh