island – DIGIT INFO

Palau’s Ripple-supported stablecoin pilot achieves positive results

DIGIT — Fri, 08 Dec 2023 21:20:00 +0000

The U.S. dollar-pegged Palau Stablecoin was used by 168 volunteers for $100 of retail purchases in three months.

Crypto adoption in Cyprus beefed up by ByBit license approval

DIGIT — Mon, 26 Jun 2023 10:28:55 +0000

Following Binance’s departure from the island, ByBit strengthens Cyprus’ crypto ecosystem with license approval for operations

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Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch

DIGIT — Sat, 04 Feb 2023 10:19:56 +0000

Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation.

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Island nation turns to metaverse to preserve its disappearing heritage

DIGIT — Wed, 16 Nov 2022 11:45:27 +0000

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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An In-Depth Look at Satoshi Island — A Crypto-Centric Residential Community in Vanuatu Where Land Titles Are NFTs

DIGIT — Mon, 28 Mar 2022 17:30:43 +0000

According to reports, there’s a 32 million square-foot island located in Vanuatu that’s in the midst of being constructed into a crypto-centric residential community by the island’s owners: Satoshi Island Holdings Limited. So far, more than 50,000 individuals have applied to live on Satoshi Island, and land rights will be minted in the form of […]

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Vanuatu Prime Minister says yes to Satoshi Island crypto project

DIGIT — Fri, 25 Mar 2022 14:00:00 +0000

The Vanuatu government announces its support for Satoshi Island Community Project, a private crypto island where fiat isn’t invited.

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‘Satoshi Island’ crypto utopia receives 50K citizenship NFT applications

DIGIT — Wed, 23 Mar 2022 14:19:43 +0000

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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Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages

DIGIT — Thu, 09 Dec 2021 12:00:33 +0000

Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after cutting supply to aluminum smelters and fish factories. Iceland Turns Away New Crypto Miners to Deal With Lack of Energy Iceland’s largest utility, […]

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Persian Gulf Island to Become Crypto Exchange Hub, Iran Minister Proposes

DIGIT — Thu, 17 Jun 2021 12:30:15 +0000

Iran’s information technology minister has pitched the idea of transforming the Persian Gulf island of Kish into an international center for cryptocurrency exchanges. Iranian authorities plan to create a financial free zone in the territory which has already attracted cryptocurrency miners. Iran ICT Minister Says Gulf Island of Kish Has What It Takes to Be […]

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Residents of Caribbean island can conduct local transactions using Bitcoin

DIGIT — Wed, 28 Apr 2021 17:30:00 +0000

“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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