The Government of Cura\u00e7ao and the Cura\u00e7ao international financial sector, in the form of the Cura\u00e7ao International Financial Services Association (CIFA), have joined forces and have established a Blockchain and Cryptocurrency Taskforce. The taskforce consists of various disciplines active in the Cura\u00e7ao international financial sector, representatives of the Dutch Caribbean Stock Exchange (DCSX) and crypto currency specialists. The main objective of this taskforce is to provide the relevant governmental bodies\/ regulators with concrete suggestions on a legislative and regulatory framework via which Cura\u00e7ao will be favorably positioned in this innovative new sector.<\/p>\n
Blockchain technologies, which store blocks of information that are distributed across the network, are a revolution, as they bring about high levels of traceability and security in economic transactions online. They are expected to impact digital services and transform business models in a wide range of areas, such as healthcare, insurance, finance, logistics, intellectual property rights management or government services.<\/p>\n
Both CIFA and the Cura\u00e7ao government believe that the current developments in the cryptocurrency space, which is facilitated by block chain technology, can create significant economic opportunities for Cura\u00e7ao beginning with the international financial service sector.<\/p>\n
Providing relevant legislation and regulatory clarity is crucial to benefit from those opportunities by making Cura\u00e7ao an attractive jurisdiction for blockchain related startups, service providers, funds, exchanges and other companies active in this innovative sector. This will lead to growth, using as stepping stones the country’s unique assets including a multilingual population, first-rate internet connectivity, and decades of experience in international financial services.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Government of Cura\u00e7ao and the Cura\u00e7ao international financial sector, in the form of the Cura\u00e7ao International Financial Services Association (CIFA), have joined forces and have established a Blockchain and Cryptocurrency Taskforce. The taskforce consists of various disciplines active in the Cura\u00e7ao international financial sector, representatives of the Dutch Caribbean Stock Exchange (DCSX) and crypto currency specialists. The main objective […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5012","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/dutchcaribbeanlaw.org\/index.php?rest_route=\/wp\/v2\/posts\/5012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dutchcaribbeanlaw.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dutchcaribbeanlaw.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dutchcaribbeanlaw.org\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dutchcaribbeanlaw.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5012"}],"version-history":[{"count":1,"href":"https:\/\/dutchcaribbeanlaw.org\/index.php?rest_route=\/wp\/v2\/posts\/5012\/revisions"}],"predecessor-version":[{"id":5390,"href":"https:\/\/dutchcaribbeanlaw.org\/index.php?rest_route=\/wp\/v2\/posts\/5012\/revisions\/5390"}],"wp:attachment":[{"href":"https:\/\/dutchcaribbeanlaw.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dutchcaribbeanlaw.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dutchcaribbeanlaw.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}