Bitcoin Cash Will Be Paid to a Member of St. Maarten's Parliament in the near Future

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Rolando Brison, the head of the United People's Party and a member of St. Maarten's Parliament, stated on Saturday that he is the first elected official to request that his full salary be paid in bitcoin cash. Brison believes that if his country continues to embrace blockchain technology and cryptocurrency solutions, St. Maarten can become the 'Crypto Capital of the Caribbean.'

St. Maarten's MP wants the island to be known as the "Crypto Capital of the Caribbean."

While El Salvador is well-known for its bitcoin tender law, the Caribbean has emerged as a hub for cryptocurrency adoption, particularly bitcoin cash (BCH). According to data from map.bitcoin.com, there are presently hundreds of retailers across the Caribbean accepting BCH in exchange for goods and services. Rolando Brison, a member of St. Maarten's Parliament and the leader of the United People's Party (UP Party St. Maarten), said on March 19 that he is receiving his entire salary in bitcoin cash (BCH).

According to the government source, St. Maarten should continue on its road of digging "into the ever-growing cryptocurrency phenomenon." During his announcement, Brison insisted that he had asked St. Maarten's finance minister, Ardwell Irion, to provide an update on plans for using blockchain technology in government. "I believe St. Maarten has a possibility to be the 'Crypto Capital of the Caribbean' if we continue to develop and embrace cryptocurrencies and all the benefits of blockchain technology," Brison said in a statement released on Saturday.

Brison is 'investigating legislation to make Bitcoin Cash legal tender in St. Maarten.'

On Twitter, the elected official from St. Maarten said that he was the first member of the government to get his whole salary in crypto asset payments. "Today, I became the world's first elected official to have his whole salary paid in bitcoin cash, as our country increasingly embraces cryptocurrency and blockchain," Brison tweeted. "Thank you [Roger Ver] for your guidance in establishing St. Maarten the Crypto Capital of the Caribbean," the leader of the St. Maarten UP Party stated.

Brison stated at the announcement that during a conference last year, St. Maarten's finance minister stated that cryptocurrency and blockchain adoption was a priority topic for research. Brison expressed his appreciation for the finance minister's thoughts about moving toward innovation. The UP Party's leader stated that the next critical step would be to enact cryptocurrencies and blockchain laws.

"While we need to strengthen our heritage forms of commercial banking through my proposed consumer banking legislation," Brison added, "we also need to create legislation to make cryptocurrency transactions even more effective and worthwhile in St. Maarten." The member of St. Maarten's Parliament also stated that he has begun to investigate legislation that would make bitcoin cash (BCH) legal tender in the country. Brison also hopes to remove BCH and non-fungible token (NFT) transactions from St. Maarten's capital gains tax.

"The notion of 'Money' has experienced and will continue to experience a surge of innovation," the elected representative from St. Maarten remarked. "This invention comes as we, as a country, and our legislators, face greater concerns about how to adapt our local currency and (E)commerce to a digital environment." Fortunately, we have the solution there in front of us: Bitcoin Cash."

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