Transnistria Makes Own Cryptocurrency, Possible Front for Arms Deals
Cryptovest
Published Oct 15, 2018 04:47AM ET
Updated Oct 15, 2018 06:01AM ET
Transnistria Makes Own Cryptocurrency, Possible Front for Arms Deals
During the little-known Sixth Pridnestrovian International Investment Economic Forum in the Republic Palace of Tiraspol in the breakaway Moldovan region of Transnistria, the idea of a sovereign cryptocurrency was circulated that could provide the territory with some advantages.
Among those, according to the CEO of the Transnistrian “state-owned” company Tehnopark, Veaceslav Cernikevici, is the ability to quickly create supplementary income in the state’s budget using plans to “raise the consumption of energy through special equipments [sic] up to 20-25 megawatts per hour by the beginning of 2019.”
“There are now seven farms in Râbnița, Bender and Tiraspol. Among the investors are seven foreign residents of the free economic zone and two locals. 32 new jobs were created. We use 3.7 megawatts per hour. This is not much, but when you see how much money and effort you invest in their development, this is a serious sum for six months. The first ‘cent’ of this...
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