{"id":37943,"date":"2023-05-08T11:43:44","date_gmt":"2023-05-08T11:43:44","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/liechtenstein-to-allow-payment\/"},"modified":"2023-05-08T11:44:16","modified_gmt":"2023-05-08T11:44:16","slug":"liechtenstein-to-allow-payment","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/liechtenstein-to-allow-payment\/","title":{"rendered":"Liechtenstein to allow payment for certain state services in Bitcoin &#8211; Handelsblatt"},"content":{"rendered":"<p>(Reuters) &#8211;     Liechtenstein plans to allow Bitcoin payments for certain state services, Prime Minister Daniel Risch told the German business daily Handelsblatt in an interview.<\/p>\n<p>&#8220;A payment option with Bitcoin is coming,&#8221; Risch said in the interview on Sunday, without giving a specific timeframe.<\/p>\n<p>Risch, who is also Liechtenstein&#8217;s finance minister, said the country plans to accept deposits in Bitcoin and immediately exchange them for the Swiss franc, the national currency. <\/p>\n<p>The prime minister said there was no plan for any big risks with state money but added he was open to investing state reserves in Bitcoin in the future. <\/p>\n<p>The state&#8217;s reserves, which are primarily invested in the capital market, currently amount to 2.23 billion Swiss francs, ($2.51 billion), Handelsblatt reported, citing the finance ministry.<\/p>\n<p>&#8220;Cryptocurrencies like Bitcoin are still too risky. But this assessment can of course change,&#8221; said Risch.<\/p>\n<p>($1 = 0.8886 Swiss francs)<\/p>\n<p \/>\n<p> (Reporting by Bartosz Dabrowski in Gdansk)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/liechtenstein-to-allow-payment\/file-photo-a-representation-of-bitcoin-is-seen-in-an-5\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportTechnologyNews\/tagreuters.com2023binary_LYNXMPEJ470CT-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ470CT-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Liechtenstein plans to allow Bitcoin payments for certain state services, Prime Minister Daniel Risch told the German business daily Handelsblatt in an interview. &#8220;A payment option with Bitcoin is coming,&#8221; Risch said in the interview on Sunday, without giving a specific timeframe. Risch, who is also Liechtenstein&#8217;s finance minister, said the country plans [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":37944,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1220],"tags":[],"class_list":["post-37943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-technology"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportTechnologyNews\/tagreuters.com2023binary_LYNXMPEJ470CT-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/37943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=37943"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/37943\/revisions"}],"predecessor-version":[{"id":37945,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/37943\/revisions\/37945"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/37944"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=37943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=37943"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=37943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}