The recent implosions in the digital asset industry did not faze Bermuda, as it rallies VASPs to set up operations in the country and, at the same time, prepare to launch its first stablecoin.
While it would likely take more than a tax cut to become a leading digital asset player in the Caribbean, Puerto Rico see this as a leverage to attract more foreign investments.
Huobi has dropped the "Global" in its name and set up plans to expand globally, focusing on Southeast Asia and the Caribbean, as it looks to be part of the top three digital asset exchanges worldwide.
A former AG with the Caribbean island of Anguilla has urged Bahamas to step up its efforts in implementing a digital currency or risk losing to its neighbors.
Vacation on the Caribbean islands is about to get a little easier to achieve as the Caribbean Tourism Organization is working on a plan to have tourist-based businesses accept cryptocurrency payments.