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In The News

In The News

February 7 - Ecuador becomes the first country to roll out its own digital cash

Article: Technology For A Global Monetary System

In 2000, Ecuador moved to ditch its stumbling currency for the U.S. dollar. Now more than 15 years later, the South American country is revamping its monetary system again�using digital currencies. Ecuador's Sistema de Dinero Electr�nico (electronic money system) kicked off in December by allowing qualifying users to set up accounts, and it will begin acting as a real means of transaction this month.

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