An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, October 17, 2017
Ryan Browne — Kazakhstan plans to launch its own cryptocurrency
Kazakhstan's government-supported Astana International Finance Center (AIFC) said Tuesday it had signed a deal of cooperation with Maltese firm Exante
Exante said it would work with the AIFC to develop the ex-Soviet nation's untapped cryptocurrency market
Kazakhstan's entry into the digital currency ecosystem would be underpinned by Exante's new blockchain platform, 'Stasis'
When it rains it pours.
In August, Estonia proposed its own state-backed digital asset, which would be called "estcoin". The small Eastern European nation said it was considering the launch of estcoin through an initial coin offering (ICO) — a crowdfunding method that has garnered much scrutiny in recent weeks.
And last month, Japan signaled the potential launch of its own digital currency, called J-Coin....
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