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.

READ MORE

Previous Articles:

- Advertisement -

Latest News

FHFA Orders Fannie, Freddie to Consider Crypto as Mortgage Collateral

The U.S. Federal Housing Finance Agency ordered Fannie Mae and Freddie Mac to consider...

Retail Investors Can Now Buy Tokenized Shares of SpaceX via Blockchain

Retail investors can now buy blockchain-based fractional shares in SpaceX through Republic. These digital tokens...

EU Commission Eases Stablecoin Stance, Calms Bank Run Concerns

The European Commission downplayed the risk of bank runs linked to stablecoins after concerns...

Iranian Hackers Launch AI-Driven Phishing Attacks on Israelis

An Iranian state-backed Hacking group targeted Israeli journalists, Cybersecurity professionals, and academics in a...

Nasdaq Integrates Canton Blockchain for 24/7 Collateral Management

Nasdaq has integrated blockchain technology from the Canton Network into its Calypso platform to...

Must Read

Top 10 Best DeFi Tokens to Invest in 2022

Decentralized Finance (Defi), is one of the most talked-about topics in the crypto space alongside NFTs. So if you want to know the best...