The Syrian transitional government is seeking to establish a legal framework to regulate cryptocurrency trading, according to a plan revealed by the Syrian Economic Research Center (SERC), an independent research center. ๐๐
The plan includes the possibility of the Central Bank of Syria launching a national digital currency based on blockchain technology. ๐๐ป This currency is set to be based on various assets such as the US dollar ๐ต, gold ๐ช, and even Bitcoin โฟ, to ensure economic stability.
The plan also highlights the exploitation of untapped energy resources for cryptocurrency mining โกโ๏ธ, while committing to achieving environmental sustainability ๐ฟ and reducing monopoly.
According to media reports ๐ฐ, regulating the use of Bitcoin may contribute to attracting foreign investments ๐ผโจ and facilitating remittances from expatriate Syrians ๐๐ค. This move comes as part of a global trend towards exploring digital currencies as a tool to support economic stability and promote development. ๐
