The government of the British Virgin Islands has recently announced that it will not be launching its own stablecoin, despite local media reports of a pegged digital asset being in development. BVI Denies Digital Currency Rumors Only two weeks ago, around December 3rd, the government of the British Virgin Islands (BVI) announced that it will launch its own stablecoin — BVI-LIFE. The coin was supposed to be a result of a partnership with a blockchainRead MoreThe post British Virgin Islands Rebuts Launching Stablecoin appeared first on Bitcoinist.com.