Digital Assets are still not considered to form part of the mainstream, but things are changing. More and more governments are recognizing the potential of blockchain and cryptocurrency technology, and implementing their own coins. Well be taking a look at all of the countries testing digital assets in 2020, and where this technology could take us.
Dubai
Dubai announced their cryptocurrency Emcash in 2017 - which became the worlds first state-backed digital asset. Emcash tokens run on a native blockchain, which will officially be implemented in 2020. This blockchain will be used for government and non-government services, including paying school fees, utility charges, and money transfers.
Russia
Russia has also shared its interest in creating a government cryptocurrency called Cryptoruble. Announced by President Vladimir Putin in 2017, the cryptocurrency will be linked to Russias Central Bank. The coin is currently still in development.
Not doubting the credibility of your message but i guess the whole community in here would be glad to have some references regarding all these positive developments. However, i think most countries would follow as well but none of them have decided to adopt bitcoin, ethereum or any of the major cryptocurrencies. That seems kind of a worry in someway you know. I mean if this happens don't you think holding bitcoin and other coins will be worthless?
Bitcoin doesn't need to be adopted by the state, but regulations regarding bitcoin that the country must have,
if the country has its own crypto currency is good, because Bitcoin will always be there and demanded by everyone