Following Binance’s departure from Cyprus, Bybit strengthens the island’s crypto ecosystem after acquiring an operating license.
Island News
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Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation.
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The island of Tuvalu said it plans to build a digital version of itself in order to preserve its history as it faces erasure due to climate change.
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The Vanuatu government announces its support for the Satoshi Island Community Project, a private crypto island where fiat isn't invited.
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A crypto island in the South Pacific where fiat is not allowed is making waves: Modular homes under construction, NFT citizenship applications and a promise of a decentralized future.
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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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Thanks to COVID measures, the local economy may not recover until 2022.
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