The income in Bitcoin should be exchanged directly into Swiss francs.
(Photo: IMAGO/Emmanuele Contini)
Zurich The Principality of Liechtenstein wants to introduce the cryptocurrency Bitcoin as a payment option for government services. This was announced by Liechtenstein’s Prime Minister Daniel Risch in an interview with the Handelsblatt. “A payment option with Bitcoin is coming,” he said. He did not give a specific timetable.
According to the current planning status, it is likely that the principality will accept deposits in Bitcoin and immediately exchange them for the Swiss franc, the national currency, explained Risch, who is also the principality’s finance minister in addition to his position as head of government. The approach is similar to that of Swiss communities such as Zug or Lugano, where citizens have long been able to pay taxes or government services in Bitcoin.
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