Spain: City Council of Lebrija Launches Euro-Pegged “Elio” Cryptocurrency

Lebrija city, municipality of Spain located in Andalusia’s autonomous community, has introduced a cryptocurrency named Elio pegged with Euro. The move will support local transactions among residents and merchants. A Fruitful Adoption of Elio In Madrid, Europa Press, a news agency, said Elio cryptocurrency would empower the City Council of Lebrija to dispatch economic aid