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

Cryptocurrency Set to Dominate Asset Reserves by 2025

Digital assets are entering a new period of growth, with signs cryptocurrency will be prioritized for asset reserves by 2025. Fans Hash introduced mining tools...

TON Blockchain Hit by Outage, Block Production Halts Temporarily

The Open Network (TON) blockchain experienced a temporary outage on June 1, stopping block production for about 40 minutes.The issue was fixed quickly by...

Pi, IMX, ZBCN in Focus as Key Token Unlocks Threaten More Losses

The crypto market experienced a sharp drop as Bitcoin fell from $111,900 to below $104,000, resulting in widespread altcoin declines.Investors are closely watching key...

Crypto’s “Inverse Cramer”: Trader Gains Millions Opposing James Wynn

A trader known as James Wynn became notable for a $1 billion Bitcoin short position on the Hyperliquid platform.Other crypto traders have started to...

Bitcoin Drops 10% From Highs Amid Quantum Computing Warnings

Bitcoin dropped nearly 10% from its record high, falling close to $103,000 after reaching $112,000 last week. BlackRock warned that advances in quantum computing could...

Must Read

How Cryptocurrency Works For Beginners?

Welcome to the world of cryptocurrency! If you're new to this exciting and rapidly evolving landscape, you might feel like Alice in Wonderland, exploring...