12th money and investment conference begins

AMMAN — The 12th money and investment conference titled “Digital coins [bitcoins] and their influence on the economy”, started on Tuesday in Amman with the participation of Arab and foreign experts and international companies. 

Amman Stock Exchange (ASE) Chairman of the Board of Directors Jawad Anani noted that bitcoins first emerged in 2009 and are protected through an e-security system that is structured in a “special language that makes it very difficult to penetrate”, the Jordan News Agency, Petra, reported.

Bitcoins are divided into two kinds: electronic ones that enjoy high levels of protection due to its encryption, and coins whose values  are estimated at $42 million globally, Anani said.