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Independence of Catalonia and cryptocurrencies for soon?

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October 31, 2017 | 

Joanna Newman |  0 Comments| 

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Independence of Catalonia and cryptocurrencies for soon?


Much has been talked about lately about Catalonia and its desire to acquire its independence.

It may well be that if it gets its way, Catalonia decides to issue its own virtual currency inspired by Bitcoin.

The goal would be, in this case, to create a currency independent of the Spanish government and the European Central Bank.

Because it is clear that if Catalonia became independent it would automatically be excluded from the Euro zone.

This would be the first time that a European country would no longer be part of the Euro zone.

Recall that the United Kingdom voted Brexit but was not in the Euro zone.

Catalan leaders on the one hand met the founder of Ethereum, Vitalik Buterin and went to Estonia, who had recently tried to issue his own cryptocurrency, the Estcoin, but was immediately recalled to order by the European Central Bank who had told them that "the currency in the Euro zone is the Euro!"

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