Seoul, South Korea is developing its own cryptocurrency, CoinDesk reports citing Seoul Mayor Park Won-soon.
By the end of April, they plan to draft the legislation, in future, they plan to organize a public foundation to support blockchain technologies and startups that are involved in it.
The new cryptocurrency is planned to be used for paying for city social programs.
As EADaily reported earlier, the only country with own cryptocurrency El Petro is Venezuela. It has issued 100mn tokens worth about $6bn. If the project shoes its viability, the country will print 44mn more.
As of today, the United States is no longer deciding anything — Eduard Kokoity on Putin's speech
Putin addressed the personnel of the Russian Armed Forces and the Russians
The buyer of Russian uranium from the USA: supplies are under threat, the supply of nuclear power plants is also
The Kremlin does not want to "talk on the subject" of Storm Shadow strikes on Russia: escalation and that's it
The Economist: The collapse of Ukraine is getting closer — it's time to start negotiations
The Pentagon told about the exchange of nuclear strikes
Ukrainian media launched 12 Storm Shadow at the "command post" in Maryino