New Currency Anticipated to be Part of Future COVID-19 Stimulus Package
Vancouver, British Columbia–(Newsfile Corp. – April 6, 2020) – NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTCQB: NTTCF) ("NetCents" or the "Company"), a disruptive cryptocurrency payments technologies company, is pleased to announce that it has completed internally designated preparation for the expected US Government backed cryptocurrency, "Central Bank Digital Currency" (CBDC).
NetCents jumped into action as soon as it learned of the plans US Congress made to legislate for this US Federal Reserve Digital Currency as part of two different versions of the first COVID-19 Stimulus Bill ("Stimulus Bill" or the "Bill"). Ultimately this aspect of the legislation wasn’t included in the final version of the first Stimulus Bill, but the Board and Advisors of NetCents have agreed that this "Digital Dollar" will be included in subsequent legislation.
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