Mongolia Issues First Digital Currency License under New Payment System Law

Mongolia Issues First Digital Currency License under New Payment System Law


Mongolia has taken a significant step forward toward bolstering its fintech sector, with the East Asian country’s central bank authorizing a local telecom operator to issue a digital currency under the country’s recently-passed national payment system bill. As first reported by state-owned news agency Montsame, the Bank of Mongolia on Friday issued its first-ever digital

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Posted by Josiah Wilmoth on September 29, 2018 @ https://www.ccn.com/mongolia-issues-first-digital-currency-license-under-new-payment-system-law/

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