“Dubai has officially launched its own cryptocurrency called emCash, according to announcements by local news media outlets. The cryptocurrency would be used for payment of governmental and nongovernmental services. According to Ali Ibrahim, Deputy Director General of Dubai Economy, the token will be considered legal tender ‘for various government and non-government services, from their daily coffee and children’s school fee to utility charges and money transfers.'”
Read more: https://cointelegraph.com/news/dubai-will-issue-first-ever-state-cryptocurrency
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Israeli Soldier Recounts Harrowing, Heroic War Story Of Killing 8-Month-Old Child
Why Crude’s at Home in Triple Digits
Bitcoin Gains Favor With Modern Day ‘Gold Bugs’ Seeking Financial Security
When Every Day is Payday
Match.com Founder: Fed Spyware Searching For Bitcoin Wallets
Taiwan Welcomes New Year with Bitcoin Warning
Heat-seeking US election rhetoric finds Swiss “piracy”
Conservatives Were Wrong about Ending Stop-and-Frisk
Asset Seizures and Forfeitures and Your S Corporation
Latin America Says ‘Adiós’ to the Populist Left
Why I REALLY Moved to Puerto Rico, and You Should Too
More Sanctuaries for All You Ron Paulians, Vets, Pro-lifers and Anti-Leviathan Types
Welcome to the Welfare-Warfare State
Berkeley, CA declares 'climate emergency', calls for 'humane' population control
Bitcoin Has Gone On An Insane Surge