Liechtenstein Embraces Bitcoin: Citizens Can Pay Taxes with Crypto, Government Eyes Bitcoin Investments

European Nation Takes a Leap into the Future, Opening Doors to Bitcoin Transactions and Exploring Crypto Investments

European Nation Takes a Leap into the Future, Opening Doors to Bitcoin Transactions and Exploring Crypto Investments.

- Advertisement -

The government of Liechtenstein is preparing to accept payments from citizens to the state with bitcoin.

As the prime minister of the European state, Daniel Risk, said, speaking to the German newspaper Handelsblatt, “citizens in the future will be able to pay for certain government services with bitcoin.”

At the same time, he said that the country’s government is open to making state investments with bitcoin, according to Handelsblatt.

Each year, the debt-free small European country saves three times its annual budget of 900 million Swiss francs ($1 billion) by investing it in debt securities, the newspaper noted.

- Advertisement -

READ MORE

Previous Articles:

- Advertisement -

Latest News

Bitcoin Bear Market Bottom Seen at $55,000: Report

CryptoQuant analysts report Bitcoin's "ultimate bear market bottom" price is approximately $55,000.The firm's market...

Figure Tech Breached via Employee Social Engineering

Fintech lender Figure Technology was breached via a social-engineering attack on an employee.The Hacking...

BRICS Launches “The Unit” to De-Dollarize Global Finance

The BRICS bloc, representing nearly half the global population and 40% of world GDP,...

HDFC Bank Stock in Rs 900-970 Range, Upside Seen Limited

HDFC Bank shares are expected to trade in a tight range between $10.8-11.6 (Rs...

ARK Invest Buys $15M in Coinbase Amid Stock Surge

Ark Invest purchased approximately $15.2 million worth of Coinbase shares across several ETFs on...

Must Read

The Ultimate Guide on How to Understand a Cryptocurrency White Paper

Today, cryptocurrency is a popular buzzword. We hear about it on the news, we read about it on the Internet. Yet, people are reluctant to...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!