It is a safe haven for the inhabitants of Moldova who see a long term growth in cryptocurrency trading and investments. Since past few years, cryptocurrencies have been garnering much fame and growth in Moldova which was formerly a part of Soviet republic. The local community of cryptocurrency investors have intimated that a new crypto exchange and a token is scheduled to be released. What’s more to this scintillating news is that these two crypto based products have been proudly labeled as “Made in Moldova”. Surprisingly enough the central bank of that particular country silently approves of this development and has allowed the investors to proliferate their investment decisions.
The trading platform which will be also known as Drachmae market will be initially trading ten famous digital currencies and eight fiat currencies which include tokens like bitcoin core, ethereum, bitcoin cash and some Moldovan tokens. Drachmae Market which has been developed with the help of DTMA (aka Digital & Distributed Technology Moldova Association), has been widely announced as Moldova’s first crypto exchange which is currently dealing with ten cryptocurrencies and eight fiat currencies worldwide. The market has already started accepting subscriptions from potential investors and traders.
The news about the official launch of the market was officially circulated from a famous blockchain & crypto based event which took place right in the heart of the Moldova’s capital city. This news was propagated far and wide by both national and international crypto related news & media channels. World Blockchain and Cryptocurrency Summit was hosted on Friday in Chisinau where participants and honorable speakers were invited from various countries across Europe and Asia( as reported by cryptovest). The founder of DTMA Mr. Lee Gibson Grant formally announced that the cryptocurrency exchange has already received a notice/letter from their central bank which could be understood as an indirect permission to start the transactions without any hurdles.