The Country That has It Own Cryptocoin
Hello steemian, theres a country that have recognised cryptocurrencies as the new age economic superpowers by virtue of early adoption. They have take the cryptocurrencies seriously and maybe in the future this digital currency may take placed the fiat currency. Here is the list of the country that own national cryptocoin :
Ecuador
The South American country followed a 2014 a wholesale ban on Bitcoin and cryptocurrencies with the issuing of a national cryptocurrency, Dinero Electrónico, in 2015 as part of the country’s monetary laws.
The Dinero Electrónico tokens are backed by the assets of Ecuador’s central bank, Banco Central del Equador, and pegged one-to-one to the US dollar, which is Ecuador’s national currency. This South American nation was also the first to roll out a central bank issued and controlled digital currency.
Tunisia
The Tunisian government teamed up with the Monetas to issue a blockchain powered digital currency stored in the La Poste Tunisienne app, enabling 3 million unbanked Tunisians to participate economically by making instant payments worth fractions of a Dinar, at almost no fees at all. The Monetas powered La Poste Tunisienne app, is said to allow for the management of official government identification documents.
Tunisia E-Dinar (EDR) is valued at $0.008670 (about R0.12) on coinmarketcap.com
Senegal
Taking a page out of Tunisia’s playbook, Senegal’s Banque Regionale de Marches and eCurrency Mint, this year collaborated and released a digital version of the country’s CFA franc. The blockchain powered eCFA is pegged to the fiat currency value and is stored in emoney wallets.
Sweden
The Swedish central bank, Riksbank, is currently working on a digital version of the Krona. The eKrona, as it has been called, is slated for release in 2018.
Estonia
Being a tech-friendly country and also the first to store it’s data on blockchain, Estonia will issue a currency called Estcoin.
Russia
After months of regulatory obfuscation and ambiguity on it’s position on cryptocurrencies, The Central bank of Russia issued a statement that it was working on a national cryptocurrency for Eastern European nation. Deputy chairwoman of the Central Bank of Russia, Olga Skorobogatova, even went as far as saying cryptocurrencies are the future.
Japan
Japanese banks are working on issuing a cryptocurrency, J Coin, ahead of the 2020 Tokyo Olympics which will be pegged one-to-one with the Yen. J Coin will be tradable for goods and services through smartphones.
Dubai
A little over a month ago, the government of Dubai revealed intentions to issue a blockchain based cryptocurrency, EmCash, which will be used by residents of the UAE through the Empay smartphone app.
The currency is being developed through a collaborative effort between Emcredit and UK based blockchain firm Object Tech.
Venevuela
It appears El Petro will be exchangeable for Boliveras and other currencies at an exchange rate set by the national crypto-asset exchange house. El Petro coins will also be kept in a virtual wallet which will be every holder’s own responsibility.
Though it isn’t clear if the token run on it’s own blockchain or on a smart contract built on an existing blockchain platform.
The El Petro could potentially set Venezuela up to be successful in their crypto economic.
Malaysia??
Not yet, 2050 maybe.
Having their own national cryptocurrency may have their pros and cons but in my opinion they are a step ahead in the making of cryptocurrency as the future money.
Thank for reading.
