Transnistria intends to develop its own cryptocurrency system

The authorities of Tiraspol intends to develop their own cryptocurrency system (a type of digital coin). The action is included in a concept approved on Thursday, June 29, which provides for the development of e-commerce.

"We hope that this idea will help remove bureaucratic barriers for entrepreneurs, improve the business environment and increase transit and freight transfer, and increase the number of online stores," said the so-called Minister of Economic Development, Sergei Obolonic.