BVI~LIFE - New Dollar Competitor

The press release in Lifelabs-blog informs, the cryptocurrency will be launched together with the startup LIFElabs.io, to which the authorities have high hopes.

Being a major offshore business, BVI accumulates a lot of money. The country's current national currency (USD) has a number of shortcomings that BVI~LIFE will help solve.

The national cryptocurrency based on the LIFEtoken blockchain will be pegged to USD (1:1). According to CEO Sanjay Jadhav, this will provide high liquidity and ease of use.

We also wrote what Tim Cook says about Apple's plan to create Its own cryptocurrency. Another news about Egypt's Central Bank. It plans to Issue its own cryptocurrency.

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