Lithuania tests digital waters with collector coin

Vilnius (AFP) – With several countries pushing forward to introduce digital currencies, eurozone member Lithuania rolled out Thursday an electronic collector coin as a pilot project to get some real experience with virtual money.”LBCOIN” can be purchased on the Bank of Lithuania’s e-shop by collectors from Thursday and will be issued on July 23, Lithuania’s central bank said in a statement.It consists of digital tokens which can be traded in for a credit card-shaped silver coin worth 19.18 euros — the year of Lithuania’s declaration of independence.The coin will have legal tender status simil…

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