The government of Wales is backing plans of launching a digital currency that can be used by businesses across the country. Launching a digital currency for small-size enterprises According to the government, the digital currency dubbed as Celyn would create an ecosystem for enterprises and firms. The ecosystem would be a credit system that would allow these commercial entities to trade with each other through a currency other than the Great British Pound. This ecosystem would only enclose entities in the local ecosystem. Circular Economy Wales is the enterprise behind the development of the project. The company has been awarded
