"Unveiled: Launch of new international CBDC 'Unicoin'! Will it be the future of digital money?"

The Digital Currency Monetary Authority (DCMA) announced this week the launch of a new international CBDC called Unicoin (UMU). The fledgling currency already has its own symbol, the ANSI character, Ü.

The DCMA is a private organization that advocates for the advancement of digital currencies in central banks and monetary systems. According to a press release, their executive team has been working with governments and central banks on blockchain and digital currency crypto since 2013. Their goal is to promote global trade by integrating international payments and settlements with digital currency.

Currently, global banking recognizes two legal forms of cash: regulated electronic cash and physical cash. The UMU/Unicoin currency of the DMCA is explicitly designed to work with financial and monetary institutions and is intended to function "as a CBDC." The currency is legally a monetary commodity. The DCMA believes that there should be crypto cash that can meet the requirements of banks.

In summary, Unicoin is a new international CBDC launched by the Digital Currency Monetary Authority (DCMA), specifically designed to work with financial and monetary institutions and intended to function as a CBDC. The DCMA believes that there should be crypto cash that can meet the requirements of banks, and UMU is legally a monetary commodity. The currency is intended to function intentionally in all national jurisdictions, not just for a local economy.