Ecuador

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Ecuador Bans Bitcoin, Plans Own Digital Money

Stan HigginsJul 25, 2014

The National Assembly of Ecuador has created a new electronic currency, while banning bitcoin and other decentralized alternatives.

QuitoEcuador

Ecuador Mandates Bank Participation in National E-Money Initiative

Stan HigginsJun 1, 2015

The Ecuadorean government has ordered the nation's banks to comply with a new electronic money initiative within the next year.