- United People’s Party leader and St. Rolando Brisonyak, member of the Maarten Parliament, announced in a statement that he is the first elected official to request that his salary be paid in full in a popular altcoin. As long as his country continues to embrace blockchain technology and cryptocurrency solutions, Brison said, St. He said he believes Maarten could become the “Crypto Capital of the Caribbean.”
Member of Parliament, St. Wants Maarten to become the ‘crypto capital of the Caribbean’
El Salvador is known for recognizing Bitcoin (BTC) as its legal currency, while the Caribbean is known for its adoption of cryptocurrencies and specifically Bitcoin Cash (BCH) It has become a home for him. According to data from map.bitcoin.com, there are currently hundreds of merchants in the Caribbean that accept BCH for goods and services.
On March 19, St. Rolando Brison, a member of the Maarten Parliament and leader of the United People’s Party (UP Party St. Maarten), announced in a post on Twitter that he received his entire salary in Bitcoin Cash (BCH).
Today I become to first Elected official in the world to have his entire salary paid in #bitcoincash, as our country moves more and more to making use of cryptocurrency and blockchain. Thanks @rogerkver for the guidance in making St Maarten the Crypto Capital of the Caribbean!
— Rolandobrison (@MPBrison) March 19, 2022
st. Noting that he believes Maarten should continue on his path to enter the “constantly growing cryptocurrency phenomenon,” government official Brison said Saturday, “If we continue to innovate and embrace cryptocurrencies and all the benefits of blockchain technology, St. I believe Maarten has a chance to become the ‘Crypto Capital of the Caribbean.
Brison explores legislation to make Bitcoin Cash the national currency
Claiming to be the first government member to receive his full salary in crypto-asset payments, Brison said, “As our country increasingly transitions to using cryptocurrencies and blockchains, I have become the first elected official in the world to receive my full salary in Bitcoin Cash.”
Brison during the announcement last year during a conference in St. He explained that Maarten’s finance minister has indicated that cryptocurrency and blockchain adoption is a priority area for research. Expressing his appreciation for the finance minister’s ideas on moving towards innovation, the UP Party leader stated that the next critical step will be to enact the cryptocurrency and blockchain law:
“While we need to improve our old forms of commercial banking under the consumer banking legislation I proposed, at the same time, St. At Maarten, we need to create legislation to make cryptocurrency transactions even more effective and valuable.”
st. The Maarten Member of Parliament added that he has started researching laws to make Bitcoin Cash (BCH) the national currency in the country. In addition, Brison has launched BCH and non-fungible token (NFT) transactions in St. Maarten’s capital gains tax exemption.
“The concept of ‘money’ is experiencing a wave of innovation and will continue to do so. This innovation comes at a time when we as a country and our legislators face more questions about how to adapt our local currency and (E)commerce to a digital world. Fortunately, the solution is right in front of us: Bitcoin Cash.”
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.