since OP didn't put a source, here's a link:
https://www.coindesk.com/central-bank-of-uruguays-president-announces-digital-currency-pilot-program/Central Bank of Uruguay announces launch of own cryptocurrency, lets discuss, what effect it will make for their economics.
uruguay not big market not big bitcoin user
i think not big effect about bitcoin price, or economic in the world, only few effect uruguay economic, why only few , because bitcoin user in there not big
That's true but in the cryptocurrency world, this is big news. I don't think it matters wheather Uruguay has a big Bitcoin market or not, what's important here is that a Central Bank from Latin America is discussing the implementation of a blockchain-based cryptocurrency. I mean, a few countries from Europe or Asia could learn a thing or two from Uruguay, since they are the first country in the world to implement their own cryptocurrency.
I found more news about this but they are in spanish, but from what I could understand using online translators, the Central Bank of Uruguay is going to call it something like "digital banknotes" and starting this week people will be able to manage their funds on their smartphones by using an app from Google Store or Apple Store. And if i'm not mistaken, the public can also use an exchange (or a payment processor with physical stores) to convert their digital banknotes into paper money.
Only time will tell how big of an impact this will have in Bitcoin in that country.