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Cryptocurrencies Offer Opportunity for States’ Financial Sovereignty – Analyst

Cryptocurrencies Offer Opportunity for States’ Financial Sovereignty – Analyst

Venezuelan President Nicolas Maduro announced preparations to launch a new gold-backed cryptocurrency. Venezuela then started the pre-sale of cryptocurrency tokens supported each by a barrel of oil. Meanwhile, Iran’s Minister of Information and Communications Technology stated that there is a plan to develop a platform for cryptocurrencies.
Source: Cryptocurrencies Offer Opportunity for States’ Financial Sovereignty – Analyst

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