Ecuadorian Banks Must Adopt Official Electronic Currency or Else – PanAm Post

Date: Jun 1, 2015

While companies worldwide are embracing the rise of decentralized cryptocurrency bitcoin, Ecuadorian officials have chosen to make local banks adopt a home-grown state digital currency — whether they like it or not. The nation’s central bank has given them 360 days to get on board, with a mandate in Resolution 064-2015-M, released on May 25 in the official register. Read more>>