Tag: national cryptocurrency

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Venezuela President Increases Petro Value by 150 Percent

President Nicolás Maduro of Venezuela recently assigned a new value for the Petro – the country’s controversial state-issued cryptocurrency. The Venezuelan leader also announced...

Saudi Arabia Will Launch Its Own Cryptocurrency in 2019

Various countries mull creating their own cryptocurrencies. That is not an easy feat, as many different aspects need to be considered. In Saudi Arabia,...

Central Bank of Iran (CBI) to Launch National Rial-Backed Cryptocurrency

Reeling under fresh sanctions imposed by the United States, Iran is in the process of developing its national cryptocurrency to avoid the economic impact. Rial...

India Considers Issuing National Cryptocurrency Despite Anti-Bitcoin Stance

Anonymous state officials within the Indian government say the country plans to issue a national cryptocurrency. This move comes amidst efforts by the apex...

Iran Finalizes National Cryptocurrency Draft Document, Regulations Imminent

Iran has reportedly finalized a draft document on the matter of cryptocurrency in the country. This move comes as the government plans to create...