Spain Sets Its Sights on Developing First “Crypto-Friendly” City in Europe
Torrevieja, a coastal city in southeastern Spain, has launched an ambitious initiative to become Europe’s first “crypto-friendly” city, according to a February 6 statement.
The Association of Small and Medium-sized Merchants of Torrevieja (APYMECO), in partnership with the Torrevieja City Council’s Department of Commerce, has introduced a three-phase plan designed to transform Torrevieja into the continent’s premier blockchain-powered, “crypto-friendly” hub.
Phase one of APYMECO’s plan concentrates on promoting trade by using cryptocurrencies and other related assets for payment. Shoppers will be able to purchase the city’s goods and services with their digital holdings.
The second phase will entail “generating a positive impact on the environment,” with the primary objective of “focusing on sustainability.”
In the third and final phase, APYMECO’s project will establish programs to create new jobs and provide funding within the technology sector to greatly boost Torrevieja’s businesses and employment outlook.
Apymeco convertirá a Torrevieja en la primera ciudad "Crypto Friendly" de Europa
Más info
Read more on cryptonews.com
