Central Bank of Azerbaijan Rules Out Issuing Cryptocurrency

The Central Bank of Azerbaijan (CBA) has indicated that it does not intend to issue a state-backed cryptocurrency, also known as a central bank digital currency (CBDC). Speaking to reporters in Baku on November 15, CBA first Chairman Alim Guliyev stated that the Bank treats cryptocurrencies conservatively, based on a belief that the use of

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Central Bank of Azerbaijan Rules Out Issuing Cryptocurrency written by David Hundeyin @ https://www.ccn.com/central-bank-of-azerbaijan-rules-out-issuing-cryptocurrency/ November 16, 2018 David Hundeyin

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