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New Czech Virtual Currency Launched

Posted on 18 July 2014

Czechs will be the latest group of European consumers with a digital alternative to the local hard currency if a newly launched virtual currency takes root. A group of Czech individuals with broadcast and media backgrounds Thursday unveiled Czech Crown Coin, or CZC, a digital, cryptocurrency akin to globally known Bitcoin, with the goal of supporting Internet businesses in the Czech Republic.
Ladislav Faith, who is leading the project and by day is a television cameraman based in Prague, said the goal is to create a Czech alternative to both cash transactions and to other global virtual currencies………………………………………..Full Article: Source


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