Liberia: Abundance Coin Announces Offer of U.S.$50 Million in Cryptocurrency
The amount of US$50 million in Abundance or TACC Coins, a form of Cryptocurrency, is said to be offered or in circulation in the global digital financial market, at the prevailing price of US$0.15 (fifteen cents) per coin.
The Chief Executive Officer (CEO) of The Abundance Coin Community (TACC), Mr. Steve WIlliams, in Monrovia, said the announcement of the US$50 million in coins is owing to the 'burning' of US$1,950,000,000, which aimed to allow interested persons of every status of life, despite religion, culture or nationality, to buy or own coins (digital money) for the future.
This is the second major news of Cryptocurrency to be released in Liberia amid the Central Bank of Liberia's (CBL) refusal to allow The Abundance Community Coin (TACC) to be launched as the first-ever global digital currency network in Liberia. The launch was to be held at the Antoinette Tubman Stadium in Monrovia in 2021, but CBL denied licensing TACC for technical reasons. Read More...