Ecuador: The First Nation to Create its own Digital Currency

Over the weekend, CCN reported on the government of Ecuador’s decision to ban Bitcoin, along with all other cryptocurrencies, via a National Assembly majority vote on July 23rd.

An outright ban placed on Bitcoin by one nation, or another, has always been inevitable. What is more interesting (and unexpected), in the case of Ecuador, is its concurrent announcement of plans to create its own national cryptocurrency.
read more: http://www.cryptocoinsnews.com/news/ecuador-first-nation-create-digital-...