Ecuadorian government calls citizens for state-backed cryptocurrency registration

Monday 29 December 2014 10:33 CET | News

The Ecuadorian government has begun the process of registering citizens interested in receiving the state-backed cryptocurrency, reports.

Starting from 24 December 2014, over 18 Ecuador-only citizens can now register to receive the new cryptocurrency, a digital counterpart of the national fiat currency.

In order to register, citizens must send a text message to *153#. They will then be eligible to receive coins when the new currency is distributed. This distribution is expected to take place in February 2015.

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Keywords: Ecuador, government, citizens, cryptocurrency, Registration, state-backed, customer, Fiat
Categories: DeFi & Crypto & Web3
Countries: World
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DeFi & Crypto & Web3

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