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Lafayette Parish, Louisiana Considers Development Of Municipal Cryptocurrency And ICO

Published 04/13/2018, 10:02 PM
Updated 04/13/2018, 11:32 PM
Lafayette Parish, Louisiana Considers Development Of Municipal Cryptocurrency And ICO

Mayor-President Joel Robideaux of Lafayette parish, Louisiana proposed the parish government to create its own cryptocurrency and consider launching an Initial Coin Offering (ICO), local news The Acadiana Advocate reported April 12.

In his annual speech at the Heymann Center, Robideaux presented Lafayette as a technological hub, which could benefit from the development of its own digital currency to motivate investors to steer money into the parish.

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