The Eurasian Economic Union (EAEU) Countries to Have Their Own Cryptocurrency by 2020

Home / The Eurasian Economic Union (EAEU) Countries to Have Their Own Cryptocurrency by 2020

According to the EAEU Economic Commission, which is now working on the development of new cryptocurrency, the singe digital currency is needed to facilitate the payment transactions between countries. The name has not been decided yet, but its working version is CryptoAltyn. Experts suggest that creating the new cryptocurrency will help countries to bypass sanctions, and facilitate payment settlements of EAEU countries with other states.

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