Countries testing digital assets in 2020

[kesmex]

I was also very surprised that China is not in list but after reading too many posts about this now feeling they are already too much ahead so they not need to be in this list but still op missing few countries those now understanding this technology and its effects which are helping to create too many good ways for humanity as Germany, New Zealand already giving too many soft policies for this crypto world hopefully we will have some more in near future.

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

[GideonGono]

I was also very surprised that China is not in list but after reading too many posts about this now feeling they are already too much ahead so they not need to be in this list but still op missing few countries those now understanding this technology and its effects which are helping to create too many good ways for humanity as Germany, New Zealand already giving too many soft policies for this crypto world hopefully we will have some more in near future.

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

On the contrary, I had read a news that the United States had invested in research about blockchain technology for a couple of years already and seems like the might release their own cryptocurrency just like what the China is planning. You might think that the United States being uninterested because of their opinion against the cryptoworld in general but the thing is that what they don’t like in my opinion is the decentralized characterisitc of Bitcoin. Japan had been the most active one I suppose in adapting the blockchain technology.

[Renampun]

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

I do not want to speculate, but if China and Russia issue legitimately and even use their own country's cryptocurrency then the United States will not remain silent, they will surely make their own cryptocurrency for fear of being left behind by these two countries that are eternal rivals of the US.

[Nolimitz84]

Digital Assets are still not considered to form part of the mainstream, but things are changing. More and more governments are recognizing the potential of blockchain and cryptocurrency technology, and implementing their own coins. We’ll be taking a look at all of the countries testing digital assets in 2020, and where this technology could take us.
Russia
Russia has also shared it’s interest in creating a government cryptocurrency called Cryptoruble. Announced by President Vladimir Putin in 2017, the cryptocurrency will be linked to Russia’s Central Bank. The coin is currently still in development.

Where's the evidence? I have not seen or heard anything like this from the President.It's all rumors.It seems to me that in silence everyone is slowly thinking about creating their own cryptocurrency.You at least forgot to specify additionally Germany, China and France.

[suvo05]

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

I do not want to speculate, but if China and Russia issue legitimately and even use their own country's cryptocurrency then the United States will not remain silent, they will surely make their own cryptocurrency for fear of being left behind by these two countries that are eternal rivals of the US.

Every Gov wants to do that. But they are playing it safe. Only some of the few countries have the courage to implement it because it could bring an
unknown situation in the economy. If any Gov get succeed then all will follow to make their own crypto assets.   

[Amel]

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

I do not want to speculate, but if China and Russia issue legitimately and even use their own country's cryptocurrency then the United States will not remain silent, they will surely make their own cryptocurrency for fear of being left behind by these two countries that are eternal rivals of the US.

For China now, they have legitimately issued their own cryptocurrency. But I think the United States still insists on opposing the existence of cryptocurrency, although they will have to make sure it will be centralized, but this is still not possible in my opinion.
The United States is a country that does not approve the existence of crypto openly, especially D.Trump was able to make an extraordinary FUD yesterday.

[dimox]

whooa, i wanna live in that country. wsnns touch, how it feel, to live with bitcoin everyday. actually i already live with digital fiat, i use all of digital money service in daily, but crypto still cant be reach. unfortunate if in some country ban or not use all of service about crypto

[alrose]

Undoubtedly, it is very good that many countries are testing the use of cryptocurrencies,but it seems to me that no country will refuse to completely abandon Fiat money.Only stablecoins supported by national currencies have one chance.In the rest, due to the volatility, many countries will not officially want to work with any cryptocurrency on the market.

[LUCKMCFLY]

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

I do not want to speculate, but if China and Russia issue legitimately and even use their own country's cryptocurrency then the United States will not remain silent, they will surely make their own cryptocurrency for fear of being left behind by these two countries that are eternal rivals of the US.

For China now, they have legitimately issued their own cryptocurrency. But I think the United States still insists on opposing the existence of cryptocurrency, although they will have to make sure it will be centralized, but this is still not possible in my opinion.
The United States is a country that does not approve the existence of crypto openly, especially D.Trump was able to make an extraordinary FUD yesterday.

Well, in reality, many countries want to implement this Blockchain technology, we cannot forget Spain that has implemented the technology in many processes seeking its optimization, they have been doing great, initially Venezuela wanted to do it through a cryptocurrency, but it turns out that no It came out as they wanted, because it has many flaws and was classified as scam, perhaps because it was launched by a government that does not have any type of reliability.

However, the US will not launch its digital dollar in at least 5 years, according to them they do not need it for now, but if they support Libra in a discreet way if it does things well in legal financial terms, remember that Mark in one of His statements said he was going to boost the US economy through cryptocurrency, and therefore triggered fear in China, as it is not included in its stablecoin as a backup, which will emerge as a possible increase in the hegemony of the dollar in the world.

In this article they talk about it: https://cointelegraph.com/news/steven-mnuchin-does-not-expect-us-to-issue-digital-dollar-in-next-5-years

[Karmakid]

Undoubtedly, it is very good that many countries are testing the use of cryptocurrencies,but it seems to me that no country will refuse to completely abandon Fiat money.Only stablecoins supported by national currencies have one chance.In the rest, due to the volatility, many countries will not officially want to work with any cryptocurrency on the market.

I agree. Most of the countries who are now trying the world of cryptocurrency are now going to make their own version of a cryptocurrency since the traditional or the most of the cryptocurrencies that we have here in the internet is so volatile which is not perfect for a country because it will have a huge effect on the progress of the economy.

[Hallmader]

Undoubtedly, it is very good that many countries are testing the use of cryptocurrencies,but it seems to me that no country will refuse to completely abandon Fiat money.Only stablecoins supported by national currencies have one chance.In the rest, due to the volatility, many countries will not officially want to work with any cryptocurrency on the market.

I agree. Most of the countries who are now trying the world of cryptocurrency are now going to make their own version of a cryptocurrency since the traditional or the most of the cryptocurrencies that we have here in the internet is so volatile which is not perfect for a country because it will have a huge effect on the progress of the economy.

The progress in economy in a certain country will have minimal or even zero connection with the government trying to create their own or adopt an operating cryptocurrency. If the economic progress of countries will rely on their decision whether to adopt cryptocurrency or not then we would already have seen majority of the countries jumping into it. But right now how many countries are there that even considered coming up with their own or making use of the topmost cryptocurrencies in the market today? There is almost none.

[naikturun]

yes I am also surprised, even though China is estimated to be the largest market holder in crypto.
and also Germany has adopted crypto, has been approved by banks and the local government.
it will certainly have an impact on the economy, such as the trade war between China and the US now those who adopt crypto may have an additional effect.

[acdc]

I don't like cryptocurrencies issued by governments, cryptocurrencies are popular because it's decentralized and anonymous. If a currency was issued by a government it was no different from Fiat currency. In fact, Venezuela once issued their currency and that coin was certified by oil but it eventually encountered a disastrous failure.

[alg0mizer]

Looks like your post is a bit outdated. For example, Russia want to ban crypto instead to create own

[Janation]

I was also very surprised that China is not in list but after reading too many posts about this now feeling they are already too much ahead so they not need to be in this list but still op missing few countries those now understanding this technology and its effects which are helping to create too many good ways for humanity as Germany, New Zealand already giving too many soft policies for this crypto world hopefully we will have some more in near future.

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

Don't say that as they made it.

These countries are developing the said technology. China as the leading country on these developments are making a noise on the internet and I hope other countries will join in on this as well. Blockchain technology doesn't always sit on cryptocurrencies, it can be used to other things as well.

[xZork]

Cryptocurrencies issued by the central bank are unlikely to appeal to investors. Because if they like oil or gold they just need to buy the stock of companies, if they like the currency of a country they just buy and hold that currency. People have almost no reason to buy a cryptocurrency of an issuing country. In the case of a coin guaranteed by oil or gold, when I have one, how can I exchange that coin for oil?
Besides, if a coin is issued by the government, does the person who wants to own the coin need to declare his / her identity when he wants to own it? If identity is mandatory, there are few people willing to invest.

[Gi01]

Digital Assets are still not considered to form part of the mainstream, but things are changing. More and more governments are recognizing the potential of blockchain and cryptocurrency technology, and implementing their own coins. We’ll be taking a look at all of the countries testing digital assets in 2020, and where this technology could take us.

Dubai
Dubai announced their cryptocurrency Emcash in 2017 - which became the world’s first state-backed digital asset. Emcash tokens run on a native blockchain, which will officially be implemented in 2020. This blockchain will be used for government and non-government services, including paying school fees, utility charges, and money transfers.

Russia
Russia has also shared it’s interest in creating a government cryptocurrency called Cryptoruble. Announced by President Vladimir Putin in 2017, the cryptocurrency will be linked to Russia’s Central Bank. The coin is currently still in development.

Not doubting the credibility of your message but i guess the whole community in here would be glad to have some references regarding all these positive developments. However, i think most countries would follow as well but none of them have decided to adopt bitcoin, ethereum or any of the major cryptocurrencies. That seems kind of a worry in someway you know. I mean if this happens don't you think holding bitcoin and other coins will be worthless?

[monineklutak]

Digital Assets are still not considered to form part of the mainstream, but things are changing. More and more governments are recognizing the potential of blockchain and cryptocurrency technology, and implementing their own coins. We’ll be taking a look at all of the countries testing digital assets in 2020, and where this technology could take us.

Dubai
Dubai announced their cryptocurrency Emcash in 2017 - which became the world’s first state-backed digital asset. Emcash tokens run on a native blockchain, which will officially be implemented in 2020. This blockchain will be used for government and non-government services, including paying school fees, utility charges, and money transfers.

Russia
Russia has also shared it’s interest in creating a government cryptocurrency called Cryptoruble. Announced by President Vladimir Putin in 2017, the cryptocurrency will be linked to Russia’s Central Bank. The coin is currently still in development.

Not doubting the credibility of your message but i guess the whole community in here would be glad to have some references regarding all these positive developments. However, i think most countries would follow as well but none of them have decided to adopt bitcoin, ethereum or any of the major cryptocurrencies. That seems kind of a worry in someway you know. I mean if this happens don't you think holding bitcoin and other coins will be worthless?

Bitcoin doesn't need to be adopted by the state, but regulations regarding bitcoin that the country must have,
if the country has its own crypto currency is good, because Bitcoin will always be there and demanded by everyone

[Cherylstar86]

Digital Assets are still not considered to form part of the mainstream, but things are changing. More and more governments are recognizing the potential of blockchain and cryptocurrency technology, and implementing their own coins. We’ll be taking a look at all of the countries testing digital assets in 2020, and where this technology could take us.

Dubai
Dubai announced their cryptocurrency Emcash in 2017 - which became the world’s first state-backed digital asset. Emcash tokens run on a native blockchain, which will officially be implemented in 2020. This blockchain will be used for government and non-government services, including paying school fees, utility charges, and money transfers.

Russia
Russia has also shared it’s interest in creating a government cryptocurrency called Cryptoruble. Announced by President Vladimir Putin in 2017, the cryptocurrency will be linked to Russia’s Central Bank. The coin is currently still in development.

Not doubting the credibility of your message but i guess the whole community in here would be glad to have some references regarding all these positive developments. However, i think most countries would follow as well but none of them have decided to adopt bitcoin, ethereum or any of the major cryptocurrencies. That seems kind of a worry in someway you know. I mean if this happens don't you think holding bitcoin and other coins will be worthless?

Bitcoin doesn't need to be adopted by the state, but regulations regarding bitcoin that the country must have,
if the country has its own crypto currency is good, because Bitcoin will always be there and demanded by everyone

Every country has its own law and should follow the rules and regulations across the country. Here in our country crypto currency is legal in which bitcoin can be use for the transaction but it will still depends the availability of stores. Basically, bitcoin can be converted to our own fiat just to have an easy and smooth transaction and can be also accessible through any remittance here in our place.

[huige007]

I was also very surprised that China is not in list but after reading too many posts about this now feeling they are already too much ahead so they not need to be in this list but still op missing few countries those now understanding this technology and its effects which are helping to create too many good ways for humanity as Germany, New Zealand already giving too many soft policies for this crypto world hopefully we will have some more in near future.

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

Do not take the present super power that lightly. United State is the hub of technology. All the giants are there. Google, Amazon, Facebook, Microsoft, IBM, Apple, NASA, NSA and the list goes on. In my opinion, it will exceed all other countries in blockchain technology too. These companies hire the best of the best tech geeks from all over the world. Crypto currencies and blockchain are going to have good future with this country.