News – CCN
ICO Relief: Louisiana City Considers Own Cryptocurrency in Face of Funding Woes
The mayor of Lafayette, Louisiana has proposed the city create its own cryptocurrency to raise money for public finance, taking a cue from Berkeley, California, according to The Acadia Advocate. Such blockchain-based municipal borrowing, should it materialize, could revolutionize local funding in the U.S. and beyond. Joel Robideaux, Lafayette’s mayor-president, made the proposal during his annual …
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