Another major worldwide government has just bestowed a huge vote of confidence and legitimacy onto the world of crypto-currencies.
Sweden, in an unprecedented move, just announced that they are officially adopting a certain crypto-currency as Sweden’s official coin!
Russia made history in 2018, when Putin endorsed the creation of a soon to be unveiled CryptoRuble, the world’s first cryptocurrency endorsed by a sovereign state.
During September’s 2018 BRICS Summit in Xiamen, there was also a great deal of discussion regarding the establishment of a cryptocurrency for the BRICS nations (Brazil, Russia, India, China, South Africa) and their partners.
The sales of Sweden’s coin officially started June 5, 2019 and currently these coins can be bought only from Kryptonex Research Group.
Sweden’s deputy minister of finance, Elias Karlsson, informed us that their new official coin starting price is just €0.30 cents! That’s right, their coin is incredibly inexpensive in comparison to most other coins out there.
Bitcoin for example trades at €3,100 at the time of this writing, and Ethereum, trades at around €150.
ABC Flash Point Currency News 2019.