In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
Ukraine is preparing to issue digital money - “e-hryvnia”, an analogue of cryptocurrency, which, in fact, is not a crypto-asset.
Chairman of the Board of the Eurasian Development Bank (EDB) Andrey Belyaninov said at the international media congress, which is currently taking place in Almaty, Kazakhstan, that the EDB is considering the possibility of creating a single regional unit of account in the Eurasian Economic Union (EAEU), and it is possible that such a unit could become a cryptocurrency.
According to a Reuters report last week, Venezuela's oil-backed cryptocurrency is largely unused and the government, despite promises, is doing nothing to put its oil reserves to use in this space.
The mayor of Naples wants to launch an autonomous municipal cryptocurrency as a counterweight to the “rotten euro” in order to free himself from Northern control over the southern cities of Italy.
The correct conversion to the new Sovereign Bolívar can now be verified through the Android application launched by the Central Bank of Venezuela.
Coindesk reports a sharp increase in trading volumes on Turkey's cryptocurrency exchanges as the nation's own currency, the Turkish lira, collapsed to a new record low.
A cryptocurrency issued by Canada's central bank could benefit the economic well-being of Canada and the United States.
Venezuela is seeking to end once and for all the hyperinflation that has virtually destroyed the bolivar, forcing the government to create a new currency - a sovereign bolivar, which will be pegged to the Petro cryptocurrency. The country's President Nicolas Maduro announced the release date of the new currency - August 20 - and said that the country needs an “economic revolution.”
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