Posted inJapan, Northeast Asia, Russia, South Asia, World

Japanese village says it will boost economy by launching ICO

A village municipality in rural Japan says it is going to launch its own crypto-currency, via a local government-led initial coin offering (ICO). Currently, 95% of the economy of Nishiawakura village, in the south of Japan’s biggest island of Honshu, is based around forestry. The Nishiawakura Coin (NAC), that will be issued by newly formed […]