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Author Topic: [2017-03-24] Russia, Japan Consider Joint Digital Currency For Kuril Islands  (Read 203 times)
bitlamp
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March 27, 2017, 05:48:19 AM
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https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xYmY0YTIyODRmYjM2MzRhNTA2NDNlZGJhZjI0OWIxOC5qcGc=.jpg

Russia and Japan may introduce a joint digital currency for residents of the far eastern Kuril Islands.

According to reports highlighted by Russian news resource Future Banking, a program for joint economic growth in the area put forward by Japanese authorities includes provision for such a currency, “which would stimulate economic growth.”

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“Such projects can only be considered under conditions which do not go against Russian law,” Maria Zakharova, the official representative of the Ministry of Foreign Affairs of the Russian Federation, commented on the idea Thursday. “We would be happy to study the Japanese offer.”

A request for further information about the potential digital currency saw Future Banking given the cold shoulder by Russia’s central bank, which said the topic was “rather political” and declined to comment further.

In addition to the islands themselves, which are situated closest to the Japanese mainland, the northern part of Hokkaido Island would also benefit from the currency’s introduction.

Both countries have recently softened their stance to Bitcoin, Russia announcing it would no longer seek to ban it and Japan preparing official legislation later this year.

Japanese interest in Bitcoin itself has meanwhile become a major focus of attention, the market becoming the world’s biggest Bitcoin trader after volumes in China dropped dramatically.

https://cointelegraph.com/news/russia-japan-consider-joint-digital-currency-for-kuril-islands
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Carlton Banks
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March 27, 2017, 07:22:56 AM
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Can anyone think of a different reason that the Kuril islands could appear in your news streams at a later date

Vires in numeris
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March 27, 2017, 08:26:19 AM
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I don't know why that news is applicable here at Bitcointalk. Yeah it's a digital currency, but is it secured by proof of work? Is it decentralized? No, it's a digital version of fiat. Go post that news somewhere else like the Ripple forum. They love that kind of stuff.

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March 27, 2017, 03:48:21 PM
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I don't know why that news is applicable here at Bitcointalk. Yeah it's a digital currency, but is it secured by proof of work? Is it decentralized? No, it's a digital version of fiat. Go post that news somewhere else like the Ripple forum. They love that kind of stuff.

This is the news section and this will also be some kind of competing technology that might influence the success of Bitcoin. News like this is

necessary for people to be aware of the competition that are out there. Anything related to Blockchain technology, is news worthy. We are fighting

over the biggest bone, while other clever dogs already worked on a solution to get their own bones.  Angry

freebitcoin.TO WIN A  LAMBORGHINI!..

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