Central Bank of Uruguay announces launch of own cryptocurrency, lets discuss, what effect it will make for their economics.
I think if they just launch it, it need more time before we come out of some conclusions and speculations because we don't know if their coin will be acceptable in the trading market. No doubt their people will fully support it but still it will need the whole world support to determine its full potential in which most of the altcoins now are considered crap. If the world market will support this coins then of course it will benefits the economy of this country.