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Resurgent regional cryptocurrency Auroracoin debuted Iceland’s first-ever cryptocurrency exchange, ISX, allowing the people of Iceland to trade Auroracoin and krona.
This week, the Auroracoin Foundation debuted ISX.is, Iceland’s first cryptocurrency exchange. ISX allows the citizens of Iceland to trade króna for cryptocurrency, in this case Auroracoin.
Part of a renewed push by the Auroracoin Foundation
Amid a renewed set of financial scandals in Iceland exposed by the Panama Papers, Auroracoin has made a comeback.
For the last year, the Auroracoin Foundation has made significant adoption pushes including a brand awareness advertising campaign at bus stops around the country.
According to Hermann Finnbjörnsson, board member of the Auroracoin Foundation, the opening of the ISX exchange represents a great success in this greater adoption effort.
Finnbjörnsson says to CoinTelegraph:
“Opening of the exchange will be a turning point for crypto in iceland. Now people will have a real chance to embrace cryptocurrency for the first time and use their local currency to acquire it. After being restricted for 8 years under currency controls this will be a breath of fresh air into our community.”
This week, the Auroracoin Foundation debuted ISX.is, Iceland’s first cryptocurrency exchange. ISX allows the citizens of Iceland to trade króna for cryptocurrency, in this case Auroracoin.
Part of a renewed push by the Auroracoin Foundation
Amid a renewed set of financial scandals in Iceland exposed by the Panama Papers, Auroracoin has made a comeback.
For the last year, the Auroracoin Foundation has made significant adoption pushes including a brand awareness advertising campaign at bus stops around the country.
According to Hermann Finnbjörnsson, board member of the Auroracoin Foundation, the opening of the ISX exchange represents a great success in this greater adoption effort.
Finnbjörnsson says to CoinTelegraph:
“Opening of the exchange will be a turning point for crypto in iceland. Now people will have a real chance to embrace cryptocurrency for the first time and use their local currency to acquire it. After being restricted for 8 years under currency controls this will be a breath of fresh air into our community.”