Afghanistan: A War-Torn Nation Hopes to Revive its Economy with Bitcoin

2019-4-21 13:25

By CCN. com: A war-torn country left to dust and drabbles is attempting to rise back with dignity. And it plans to use bitcoin as its stick. Afghanistan asserted at a recent Spring Meetings summit that it was looking to issue sovereign bonds to raise $5.

8 billion for its infrastructure projects. Khalil Sediq, the governor of the Central Bank of Afghanistan, told Asia Times that it would attempt to couple bitcoin with its mostly untapped, $3 million worth Lithium market. The outcome would be a digitally signed government bond that could be issued to investors over the blockchain. Bitcoin against Three Decades of Turmoil The announcement followed Afghanistan’s economic turmoil for the last

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3 Countries Tell IMF They Want To Issue Bitcoin Bonds

The governments of at least three countries have formally acknowledged their interest in issuing a sovereign Bitcoin bond to raise capital. Afghanistan, Tunisia, Uzbekistan And Bitcoin Asia Times originally reported the trend April 17 referencing recent statements at this week’s World Bank and International Monetary Fund (IMF) Spring Meetings held in Washington DC.

2019-4-17 17:00