Kosovo’s decision to eliminate the Serbian dinar as a means of payment in the north of the country in one month has generated discomfort in Belgrade, which does not recognize the independence of its former province

Kosovo, a former province of Belgrade, announced a one-month transition period to eliminate the Serbian dinar as a means of payment in the north of the country.

According to the local press, the Kosovo Prime Minister, “the left-wing nationalist Albin Kurti, announced last night that during the transition the decision of the Central Bank of Kosovo (BCK) to regulate payments exclusively in euros will be implemented.”

He explained that for thirty days they will do what is necessary to ensure that the population is informed and provide the “necessary help to make this transition as light as possible.” He added that the Executive will begin information campaigns on the issue with “the sensitivity it deserves.”

The decision to eliminate the Serbian dinar as a form of payment in northern Kosovo came into effect on February 1. However, the official admitted that a transition period is required. For this reason, he indicated that it will be in a month.

According to Kurti, “the Central Bank’s regulation on cash payments does not go against the Serbian dinar.” In fact, payments to Serbs of pensions and other aid from Serbia in dinars will continue in the current currency, “but they must be deposited in bank accounts in Kosovo in euros.”

M.Pino

Source: Swissinfo

(Reference image source: Unsplash+, in collaboration with Drazen Nesic)

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La entrada Kosovo will eliminate the Serbian dinar as a means of payment in the north of the country apareció primero en Bitfinance.

The Kosovo government recently announced the suspension of cryptocurrency mining due to limitations created by the winter season in the region.

This was indicated by the Minister of Economy, Artane Rizvanolli, who, following the recommendation of the Technical Committee on “Emergency Measures for the Supply of Energy”, chose to temporarily stop this activity.

It was recently learned that the region’s energy supply fell below the stipulated level, for which reason they have been forced to impose cuts in services during periods of higher consumption.

According to Rizvanolli, the government decided to create a technical committee to evaluate emergency power supply strategies in response to the situation. Based on the committee’s recommendations last week, the government decided to take emergency measures, including stopping cryptocurrency mining in all areas of Kosovo.

The report notes that law enforcement agencies are willing to intervene to stop the production of cryptocurrencies, and to work to identify the places where such operations are taking place.

“These actions are aimed at addressing the possible unexpected or long-term lack of electricity production capacities, energy transmission or distribution capacities in order to overcome the energy crisis without further disturbing the citizens of the Republic of Kosovo, “said the minister.

K. Tovar

Source: Cointelegraph

La entrada Kosovo decided to stop bitcoin mining apareció primero en Bitfinance.