Post
Topic
Board Economics
Re: Venezuela Wants to Launch a Central Bank for Cryptocurrencies
by
Baby Dragon
on 31/08/2018, 14:52:11 UTC
After the blockchain-based Crypto Petro Dollar, the Venezuelan government probably has a new idea to get foreign currency into the country. It wants to set up and build up a central bank for cryptocurrencies. Another crazy idea or does the idea have potential?

For more details read this article on CCN.

If this one will happen it is a good news for the people who used in bitcoin in Venezuela since their transaction will be much easier and the government has a good regulation since they approved it. It can help their economy to gain more investor and to have more income. It is a win-win situation for everyone.