News
Reggae and dancehall musicians in the Caribbean may soon have a nonfungible token platform to help gain greater control of their creative work.
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Caribbean News
The Caribbean is a region consisting of group of islands and the surrounding coasts in the Caribbean Sea. The Caribbean has a mixed developing economy. depending mainly on agriculture, tourism and natural resources. The first appearance of Bitcoin in the Caribbean was in 2015, when the first Caribbean Bitcoin exchange was founded in order to provide Caribbean citizens easy access to digital assets. This was supposed to solve some of the economic problems of the region due to the service’s law fees for transactions, ability for low cost money transfers and its effective way to keep the value of money. Bitcoin in the Caribbean is the new way to transform the Caribbean’s economy by providing such services where traditional banking is limited.
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"The adoption of cryptocurrencies is far from being a gimmick,” said one of the entrepreneurs behind a project developing property on the island.
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IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network.
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The ECCB has launched a regional central bank digital currency in partnership with Caribbean fintech outfit Bitt.
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The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May.
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Antigua and Barbuda take steps towards becoming crypto-friendly destinations in the Caribbean region.
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Bitmain, the world’s largest crypto mining hardware firm, expands its distribution in South America by partnering with two crypto mining consulting firms.
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Eastern Caribbean Central Bank to issue Digital Eastern Caribbean Dollar in partnership with Medici portfolio firm Bitt.
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A plot of pristine Caribbean land is for sale for £5.3 mln, but only for Bitcoin
39365 Bitcoin startup Caricoin recently announced the launch of a social mobile money platform for the Caribbean.
878The Blockchain Summit on Richard Branson's private island has attracted digital currency's top names, and even the likes of Hollywood's Lucy Liu.
574Virgin Mobile’s Pitch to Rich competition invites startups to compete with each other to win a share of more than £1,000,000 in prizes.
842Bitt, the Caribbean's first bitcoin exchange company, is looking to tap the region’s potential for remittances and banking services by providing faster and cheaper payments using bitcoin.
756Bitt, the Caribbean's first bitcoin exchange company, is looking to provide more efficient and cost-effective payment solutions to the region's locals.
1185Project Manager Sarah Blincoe agreed to speak with Cointelegraph today and answer a few questions about how the “Let the Bit Drop” project came to be and what the future might hold.
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