Quote from: VanDeinsberg12 on November 07, 2019, 06:10:07 AM

Quote from: posi on November 07, 2019, 12:48:18 AM

After announcement of the creation of own national cryptocurrency made by the Chinese government another country (Turkey) also joined the race of creating their own national digital currency name Lira, which was the first basic monetary unit used by Italian and Turkey before the introduction of Euro in the year 2002.
Source
I believe the reason why country are planning their own national crypto was because the IMF boss advised and the question is will more countries also creating their own national cryptocurrency?

I never heard if the IMF boss has already advised the country to create their crypto. As far as I know, this to help the country to defend its country from an embargo that has already happened. Turki is also a country which is near from the crisis.

I never think if IMF boss gives advice for a country to create their own crypto because so many bankers are feeling contradicted with it. For me, it can't be a strong reason why more country is interesting to issue its own nation cryptocurrency.

We have so many things to be discussed. May I know where are you getting that rumour if IMF boss is giving it? I meant about advice that already mentioned in your post.

Christine Lagarde (IMF boss) make the advising statement last year November and a couple of countries about 20 if I can still remember correctly which China and Turkey was among vows to create their own national crypto then.
Meanwhile, the huge number of bankers which are against crypto by ignoring it better was the reason why she make that statement then.

Quote from: Christinebeauty on November 07, 2019, 05:48:12 AM

Indeed more and more countries are joining the train. Binance has also announced its partnership with Ukrainian government to provide an advisory role in their upcoming finances digitization and crypto regulations. https://cryptopress.news/binance-to-play-advisory-role-in-the-upcoming-ukraine-crypto-regulations/

This is definitely also a big one and I'm sure the binance partnership with the Ukrainian government will yield something good to the crypto space.