Dubai and First Ever State Cryptocurrency / Bittrex ADA coin

in #bitcoin7 years ago (edited)

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The local government in Dubai has officially launched its own cryptocurrency called emCash, according to announcements by local news media outlets. The cryptocurrency would be used for payment of governmental and nongovernmental services.
Source


In other news Bittrex exchange just added a new coin called ADA. At the moment of writing the trade is not yet open, Bittrex says "Market Offline - Market to open on Sunday 10/1"
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From their Twitter account (ADAcoin_), "ADA is a Digital CryptoCurrency Token * ADA * ADAcoin * Digital Money * Shaping the Future of Money | Designed & Powered by: Cardano_"
"CARDANO is an online gaming platform that utilizes blockchain technologies and integrates cryptocurrency payment solutions. CARDANO is being developed by an all-star team of cryptocurrency developers headed by IOHK Charles Hoskinson―
the mathematician and ex-CEO of Ethereum." - This is what they say about them on their Facebook page.