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Ecuador to replace the US dollar with its own digital currency

Saturday, August 30, 2014 23:46
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Ecuador is planning to create the world’s first digital currency issued by the country’s central bank, in what is seen by many as a step to abandon the US dollar, the currency now used by the Central American country. The currency is expected to start circulating in December, according to the country’s Central Bank. The …



Source: http://www.hangthebankers.com/ecuador-to-replace-the-us-dollar-with-its-own-digital-currency/

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