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Vanuatu Becomes First Nation to Accept Bitcoin in Exchange for Citizenship

The South Pacific island nation of Vanuatu has become host to the world’s first government to accept bitcoin in exchange for citizenship. Vanuatu’s citizenship program costs $200,000 USD, meaning that at current prices the residency program costs less than 41.5 bitcoins. Also Read: Nation of Vanuatu Embraces Bitcoin Payments for Farmland Vanuatu Has Become the First…

Japanese Renewable Energy Provider Offers Low Flat-Rate Electricity for Crypto Miners

Japanese renewable energy provider, Looop, has announced an electricity plan aimed at reducing costs for bitcoin and other cryptocurrency miners. The plan charges a flat monthly fee for electricity usage of up to a certain level in the Tokyo Electric Power Company service area. Also read: Japan’s Largest Bitcoin Exchange Bitflyer Launches Bitcoin Visa Prepaid Card…

Bitcoin Has Caught the Attention of Tanzania’s Central Bank

Bitcoin is growing popular throughout a few regions within the giant continent of Africa. One of these areas seeing bitcoin growth is the United Republic of Tanzania. Due to the rise in interest towards bitcoin from Tanzanian citizens the Bank of Tanzania governor, Benno Ndulu, expressed some concerns about the decentralized currency this week. Also…