Sentences with phrase «launched national cryptocurrency»

President Nicolas Maduro even launched a national cryptocurrency called El Petro to fight the inflation and monetize the natural reserves of the country.

Venezuelan president Nicolas Maduro is doubling down on his support for the Petro, encouraging the country's banks to mine and use the recently - launched national cryptocurrency.

Kaspar Korjus and Taavi Roivas, government representatives from Estonia, shared their insights on launching a national cryptocurrency.

Notably, Tanrikulu's comments come weeks after Turkey's Deputy Prime Minister said his government would seek to launch a national cryptocurrency during an interview with CNN Turkey.

Venezuela's president's plan to launch a national cryptocurrency to boost the countries struggling economy quickly became a source of amusement for the Bitcoin community as it is unlikely that this venture can succeed in a mismanaged country like Venezuela.

The president of the European Central Bank has criticized the Estonian government's plan to launch a national cryptocurrency.

Not exact matches

The competing announcements come just after investigations into cryptocurrency exchanges Bithumb and Coinone were launched by the National Tax Service.

«In light of the CFTC and the [National Futures Association]'s public statements regarding the riskiness of the underlying cryptocurrency products, we believe that the launch of new exchange - traded derivatives in cryptocurrencies deserves a healthy dialogue between regulators, exchanges, clearinghouses and the clearing firms who will be absorbing the risk of these volatile, emerging instruments during a default,» Lukken said.

The Venezuelan government launched the pre-sale of the world's first national, oil - backed cryptocurrency Petro (PTR), Financial Times reports Tuesday, Feb. 20.

Bank of Russia: «It's Time to Develop National Cryptocurrencies» Jun 2, 2017 by Stan Higgins Russia's central bank believes the time is right to develop and launch its own digital currency, one of its senior officials said today.

The Eurasian Economic Commission member is planning to launch its own gold - backed national cryptocurrency.

National cryptocurrencies have hit the headlines again this week as Venezuela launches its oil - pegged Petro token, while closer to Turkey's borders, Iran announced it would consider a similar concept while its central bank suggested it would look to «control and prevent» cryptocurrency usage.

In January 2016, China's National Bank announced to launch it's own cryptocurrency.

As Russia is already preparing to launch its own cryptocurrency «CryptoRuble», the national...

As Russia is already preparing to launch its own cryptocurrency «CryptoRuble», the national capital of Russia is discussing plans to have its separate cryptocurrency, called «MoscowCoin».

Despite the launch of Petro as its own national cryptocurrency, there is growing demand for Bitcoin in Venezuela.

It will now be banned to mine cryptocurrencies in the Russian Federation following the decision to launch its own, national, cryptocurrency called CryptoRuble.

Cambodia is considering launching its own national cryptocurrency and the Marshall Islands has already approved legislation on it.

It was also rumored that Sweden could become the first country in history to have its national digital cryptocurrency, as Riksbank looks to launch Ekrona in less than two years.

The news even attracted more actors in cryptocurrencies, revealing that cryptocurrency industry may altogether gain if nationals and central banks launch their own cryptocurrencies.

Launched on 15th October 2013, the eMark may actually claim the title of first national cryptocurrency.

Last month, Estonia unveiled its plan to launch Estcoin, a state - backed national cryptocurrency.