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Rick Santorum Enters Cryptocurrency Business For Catholics

Rick Santorum, the former senator for Pennsylvania and two-time failed Republican presidential candidate, has been recognized for his spiritual zeal. An ally of Santorum stated back in 2005 that Santorum was “a Catholic missionary who occurs to be in the Senate,” and his statements on homosexuality and same-sex marriage once issued a campaign for the neologism “Santorum.”

Now, he is backing a mission that mixes his spiritual fervor with some other area of modern-day fanaticism: blockchainism (thanks to Buttcoin and particularly grantor David Gerard for attracting our attention to this).

Santorum is sitting on the counseling board of an organization and soon-to-be virtual coin (stablecoin, mainly) known as Cathio. The corporate describes itself on its website as “a brand new payment, loan, and investment platform which offers efficient, safe, and clear movement of money across the Catholic world,” promising to offer a “turnkey solution for Catholic businesses to carry their monetary transactions into association with their beliefs.”

Santorum’s son-in-law happens to be the corporate’s CEO, so it isn’t hard to look at how the former senator may have got involved. However there are some other massive hitters on the board too – former US ambassador to the Vatican Jim Nicholson and former head of the United States Mint Ed Moy, who also happens to have been an instructor for “bitcoin IRA,” an investment fund that encourages folks to put their retirement financial savings into crypto

Additionally on the board — and co-founding father of Cathio — is Cameron Chell, chairman of ICOx Innovations, the corporate that ran Kodak’s infamous “Kodakcoin” ICO, that raised less than 7% of its goal

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