Antigua and Barbuda will be nominating the prominent cryptocurrency investor Mr. Roger Ver (CEO of Bitcoin.com and Bitcoin cash) as non-resident ambassador in Japan to strengthen the relation between two countries.
Roger Ver acquired his Antigua and Barbuda citizenship through the CBI program. He is already citizen of St Kitts and Nevis. He is an early investor in Bitcoin and bitcoin related startups. Ver renounced his United States citizenship in 2014 after he became a citizen of Saint Kitts and Nevis
The announcement came as a cabinet notes released by the Office of the Prime Minister of Antigua and Barbuda.
The Cabinet invited a former Attorney General and his client, Roger Ver, to Cabinet in order to speak about the cryptocurrency sector which Antigua and Barbuda is embarking upon, now that the requisite legislation has been passed by the Parliament and made law.
“Mr. Roger Ver is a citizen of Antigua and Barbuda by way of the Citizenship by Investment Program (CIP) and has already demonstrated his commitment to Antigua and Barbuda, where he intends to maximize the use of the legislation in order to begin building Antigua and Barbuda’s market presence in this new drive to strengthen another sector in the Antigua and Barbuda economy.
Mr. Ver’s bitcoin sales to investors outside of Antigua have already made him a leader in the industry with considerable wealth. Millions of dollars have already been transferred to a local bank which he will utilize to strengthen his presence here.”
said the Prime Ministers Office in the Cabinet Notes.
The Cabinet has given consideration to nominating Mr. Roger Ver to serve as Antigua and Barbuda’s non-resident envoy to Japan in order to build stronger links between Japan and Antigua and Barbuda.
Antigua and Barbuda passed Digital Assets Bill 2020 in June to regulate persons carrying on digital asset business with licenses. The passing of the bill makes Antigua and Barbuda a crypto friendly country in the Caribbean.
In 2018, Antigua passed a legislation is parliament to accept Bitcoin and for the citizenship by investment program, but the proposal still in the pipeline. As of 2020, The Government does not accept Bitcoin or any other payments for the CBI program.
