Group wants Antigua to consider money transfers that would include Bitcoin

Cabinet Notes: Ambassador Johanne Hesse invited three local businessmen and three money-transfer agents to hold a virtual zoom meeting with the Cabinet of Antigua and Barbuda.

The group is planning to offer services in money transfer that would also include Bitcoin cash or dealing with crypto currency that would be transformed into fiat currencies.

Crypto currency is the way of the future, the team declared, and the group wants Antigua and Barbuda to be on the cutting edge of this new currency transfer and exchange system.

The Attorney General agreed to have the group meet with lawyers in the Ministry of Legal Affairs, in order to ensure that their plans accord with The Digital Assets Business Act 2020.


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