Azerbaijan Opening Up To Bitcoin And Cryptocurrencies

Azerbaijan, erstwhile member of the now dissolved USSR, is taking another step closer towards cryptocurrencies and Bitcoin.
Earlier, in September 2015, it was reported by CoinTelegraph that Azerbaijan was actively discussing the possibility of creating a ‘Cryptomanat’ coin – the cryptocurrency equivalent of its national currency, the Azerbaijani manat.
Now, Azerbaijan is getting its first BitcoinCT r: 11 exchange service. BTC. AZ will be the country’s first BTC exchange services provider, and will also provide educational material on Bitcoin in the local Azerbaijani language. They are expected to begin their services by the end of February 2016.
CoinTelegraphCT r: 23 interviewed Tabriz Aliyev, co-founder of BTC. AZ to hear more about the state of Bitcoin in Azerbaijan, and his hopes for its future.

This post was published at Coin Telegraph on 2016-01-27.