In this edition of The Daily, we look at Liberstad’s progress toward building a libertarian community in Norway. The city has just issued its own digital coin. Also, crypto mining contracts have been classified as securities in the Canadian province of Quebec. And in Europe, Luxembourg has adopted a law that protects crypto traders and investors.
Also read: Cryptocurrency Payments, Nvidia Losses, Suspended CFD
Liberstad Issues Own Token Called City Coin
Liberstad, Norway’s self-proclaimed private city, has adopted its own ‘city coin’ as the official currency and the only medium of exchange in the libertarian territory. The crypto is based on Liberstad’s smart city platform City Chain which utilizes blockchain technology to enable the design, implementation and use of services for the city’s inhabitants. A press release…