Brison believes St. Maarten could be the “Crypto capital of the Caribbean” if it continues to embrace cryptocurrency technology and blockchain solutions.
MP wants St. Maarten to be the ‘Crypto Capital’ of the Caribbean
El Salvador is well-known for its bitcoin tender laws, but the Caribbean has been a hotbed of cryptocurrency adoption, and specifically bitcoin money (BCH). map.bitcoin.com data shows that hundreds of Caribbean merchants accept HCH as payment for goods and services. Rolando Brison was a member of St. Maarten’s parliament and leader of the United People’s Party St. Maarten. He declared that he will receive his entire salary in Bitcoin Cash ( ).
According to the government official, St. Maarten should continue on its journey toward “into cryptocurrency” and he requested that Ardwell Irion, St. Maarten’s finance Minister, update him about plans for blockchain technology in government. Brison stated that St. Maarten could be the “Crypto Capital” of the Caribbean if it continues to innovate and embrace blockchain technology.
Brison is ‘Exploring Legislation to Make Bitcoin Cash Legal Tender at St. Maarten’
The elected official from St. Maarten shared his Twitter account that he had received his entire salary in cryptocurrency asset payments. Brison tweeted, “Today I became the first elected official in world to receive his entire salary in bitcoin cash as our country is more open to cryptocurrency and blockchain.” The leader of the St. Maarten UP Party said, “Thanks Roger Ver” for his guidance in making St Maarten the Crypto Capital of the Caribbean.
Brison pointed out that St. Maarten’s finance Minister had stated that blockchain adoption and crypto were a top priority in research last year during a conference. Brison said that he was grateful for the ideas of the finance minister to move toward innovation. Leader of the UP Party said that cryptocurrency and blockchain legislation was the next step.
Brison stated that while we must improve our commercial banking legacy by introducing consumer banking legislation, it is equally important to create legislation to allow cryptocurrency transactions to be more efficient and profitable in St. Maarten. Brison, a member of St. Maarten’s Parliament, said that he is currently exploring legislation to make Bitcoin Cash (BCH) legal tender. Brison also aims to exempt BCH transactions from St. Maarten’s capital gains tax.
The elected official from St. Maarten said that the concept of “Money” has seen and will continue to see innovation. This innovation is coming as we, as a country, and as parliamentarians, are facing more questions about how to adapt our local currency (and (E)commerce) for a digital future. The answer is right in front of you, Bitcoin Cash.
