“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
Related posts:
EFF awards Apple, Google perfect privacy scores
Tax Haven: Russia
RIAA: Bitcoin Makes it Hard to Track or Seize Pirate Bay Donations
Brookings Institution on Colorado Pot Legalization: 'Resounding Success'
Brooklyn Bodega Owner: Why Merchants Should Start Accepting Bitcoin
CIA demands more drones
Bond Losses at Federal Reserve Top $192 Billion In 3 Months
Democrats Grant 'Treasonous' Trump Vast Warrantless Spying Powers
Christopher A Hartwell on Thailand and Bitcoin
Shield Law Defines Journalism So That It Leaves Out Wikileaks & Bloggers
What Will ObamaCare Cost You, Beginning on January 1? Do You Know?
Medical marijuana an issue of importance for Johnson
Maine Gov. Says He Intends to Sign GMO Labeling Bill - But not Right Now
Et Tu, Brute? (How Empires Die)
Hey Reader’s Digest: Your site has been attacking visitors for days