St. Kitts and Nevis to undertake Bitcoin Money as authorized tender in 2023

by | Nov 13, 2022 | Crypto | 0 comments

St. Kitts and Nevis to adopt Bitcoin Cash as legal tender in 2023


St. Kitts and Nevis Prime Minister Terrance Drew introduced that BCH will change into authorized tender within the nation by March 2023 throughout a BCH convention in St. Kitts and Nevis.

He added that the nation may even look into mining BCH and welcomes dialogue and exploration of “future alternatives” with the cryptocurrency.

The announcement comes amid a rising pattern of mainstream adoption of cryptocurrencies, as demonstrated by the Central African Republic adopting Bitcoin (BTC) as authorized tender in April.

The announcement has led to debate over the nation’s option to undertake Bitcoin Money as a substitute of Bitcoin, with supporters of the choice pointing naysayers to the WhyBitcoinCash web site for data.

Journalist at CryptoSlate

Josh has been writing for a decade and is keen about mainstream crypto adoption, bringing optimistic monetary change to the plenty by means of crypto and decentralized finance as a complete.

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