KCN Prospects for the issuance of the Chile’s cryptocurrency

Chile is still far away from issuing its cryptocurrency. As coindesk reports, the head of National Bank of Chile, Mario Marcel, gave a speech in the UK on June 29. His speech touched the subjects of the blockchain and distributed ledger technologies for financial sector use. He explained that even though the creation of the digital currency may be beneficial, still such a digital currency launch is likely to take a long time given the technical challenges and may still be many years away. As it’s known, some other countries, like England and Canada have already issued its own cryptocurrencies.