Crypto Short News

British Virgin Islands Rollout a National Digital Currency

The British Virgin Islands in partnership with has plans to roll out a national digital currency. BVI~LIFE™ Digital Currency is a Government initiative to strengthen the financial technology sector in the country. Furthermore, The digital currency will be based on LIFEtoken pegged 1:1 to USD Dollar.

“The foundation of digital currency is the necessary groundwork for the British Virgin Islands to continue to serve the global economy as it has in the past with the onset of the blockchain revolution,” explained Sanjay Jadhav, CEO.

Moreover, many other countries like Russia, Bhutan are coming with their own national currency

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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