St. Kitts and Nevis to Explore Possibility of Making Bitcoin Cash Legal Tende...
St. Kitts and Nevis will explore the possibility of making bitcoin cash legal tender by March 2023. The statement was made by St. Kitts and Nevis Prime Minister Terrance Drew as part of the Bitcoin Cash 2022 Conference held in the country, declaring that Bitcoin Cash mining activities will also be explored in the same way. Bitcoin Cash Could Become Legal Tender in St. Kitts and Nevis Next Year The Government of St. Kitts and Nevis will be exploring the possibility of declaring bitcoin cash legal tender as part of the process of introducing cryptocurrencies into the economy of the country.....
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The country’s prime minister says it is considering introducing Bitcoin Cash on a legal basis, despite being within the territory of the pioneering CBDC DCash. The Caribbean nation of St. Kitts and Nevis may declare Bitcoin Cash (BCH) legal tender by March 2023. Prime Minister Terrance Drew made that announcement while he spoke at the Bitcoin Cash 2022 conference in St. Kitts on Nov. 12.St. Kitts and Nevis is a member of the Eastern Caribbean Central Bank and part of the ECCB’s DCash central bank digital currency (CBDC) program, which was launched in March 2019. “Our nation has always been....
An interesting post today by the St. Kitts-Nevis Citizenship by Investment Program with regard to some news that made its rounds on the web a couple of months ago. Just so you're up to date, that news I'm referring to suggested that bitcoin enthusiasts and users could purchase Citizenship to St. Kitts and Nevis using only bitcoin - provided you had enough. You could go several routes, which involve making significant investments. Benefits that come with citizenship to the island-nations include the following: Visa-free travel to 140 countries including Canada, the European Union, and Hong....
A project to accept Bitcoins in exchange for citizenship to the tropical island nation St. Kitts & Nevis has been derailed by the local government, which is refusing to recognize the cryptocurrency as a valid form of investment and threatening to revoke the licenses of any agents who do. “The Citizenship by Investment Unit would like to assure the general public that we do not recognize Bitcoins as legal investment currency for financial transactions within our Citizenship by Investment Programme,” officials said in a statement titled ‘Warning!’ on the program’s website. “We further....
PRESS RELEASE. 19th January 2020, St Kitts & Nevis & Atlanta – The Foundation for Economic Education (FEE.org) announced today that Bitcoin.com founder and early cryptocurrency investor Roger Ver has made two gifts totaling $2,000,000 in Bitcoin Cash (BCH) to support FEE’s work in advancing individual liberty and educating students around the world on the moral and economic foundations of a free society. The first $1 million gift supports FEE’s marquee events in 2021–FEE’s 75th anniversary year–as well as additional student programs, including online....
28th July 2021, St Kitts & Nevis – Bitcoin.com Founder Roger Ver announced today he has made a donation of 1,000 ASUS laptops and 1,000 copies of Henry Hazlitt’s Economics in One Lesson to support the education of students in Antigua. The computers were purchased with Bitcoin Cash through BitoPro, Taiwan’s largest cryptocurrency service provider, […]