$ACX
The Syrian transitional government is seeking to legalize cryptocurrencies, with a plan to issue a national digital currency backed by various assets such as the dollar, gold, and bitcoin, using blockchain technology. The plan includes exploiting untapped energy resources to mine cryptocurrencies, with a focus on sustainability and preventing monopoly.
Reports indicate that legalizing bitcoin could boost foreign investment and remittances from expatriates, reflecting international efforts, such as Switzerland and Russia, to integrate bitcoin into national reserves. The Trump administration is also discussing policies to expand the use of cryptocurrencies, highlighting their growing role in the global economy.
