A cryptocurrency for oil is launching — and it'll be completely government compliant
Reuters/Stefano Rellandini
- OilCoin, a cryptocurrency based on oil reserves and backed by a former CFTC commissioner, was announced this week.
- One token will represent one barrell of oil. It's expected to begin trading in January.
A team of banking and technology managers and former U.S. regulatory commissioners said on Monday that they are launching the world’s first regulatory compliant cryptocurrency backed by a physical asset—OilCoin, which will be based on oil reserves. Читать дальше...