Abkhazia should not miss the time and the opportunity to introduce its national Crypto Currency, says Minister of Economy of the Republic of Abkhazia Adgur Ardzinba.
“When the whole world and we, including, we understand that it was good and necessary, it will be too late. Then we will not be of any interest to anyone. If we miss the time, we will regret the unused chance, “Ardzinba said.
The minister is confident that the introduction of his Crypto Currency is a good opportunity for the development of the country’s economy and for the implementation of this project, in fact, everything is ready, but there are some political limitations that do not allow it.
When Abkhazia announced its intention to introduce its own crypto currency, no country in the world at that time did so, Ardzinba said and added that to date a number of countries have already implemented this idea and are receiving income from it.
“From that moment until today, a decree on crypto-currencies was adopted in Belarus and gave a very serious effect. Venezuela, despite strong inflation, introduced its own crypto currency and on the first day of placement they raised $ 750 million. I do not hide, I was and remain a supporter of this direction, “the minister said.
Adgur Ardzinba admitted that he does not lose hope that Abkhazia will be able to create its own crypto currency and is confident that such unusual solutions are capable of giving a tangible impetus to the development of the country.
The first to create a national virtual currency Abkhazian Coin (ABHCoin) started talking in the republic in 2017.
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