National cryptocurrencies fashion

Miningnow_eng
2 min readFeb 25, 2018

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Apparently, Venezuela set a new world trend. After the appearance of El Petro, three countries immediately announced their intention to launch their national cryptocurrencies. Namely, Turkey, Iran and the British Overseas Territory Montserrat.

In Turkey the future digital money is planned to be called “Turkcoin”. The initiator, the deputy chairman of Turkey`s Nationalist Movement Party Ahmet Kenan Tanrikulu, substantiates the necessity by the fact the country should keep up with the times, be in trend. At the same time, he urged a clear regulation of this financial sphere in order to avoid illegal use of tokens.

Iran’s Minister of Information Technology and Communications Mohammad Azari Jahromi said that the launch of its own cryptocurrency would reduce the impact of sanctions imposed by the United States on the country. He noted that the implementation of the project would be held by Postal Bank of Iran, which in the very near future is announcing a tender for the development of a digital platform.

Recall that on the first day of sales of El Petro, Venezuela, which, according to the authorities, is provided with oil, raised $ 735 million — a good start! It should be noted that right after that, the authorities announced the launch of the second national cryptocurrency, which, unlike the first one, will be provided with gold and gems. Got all excited!

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