Liechtenstein Prime Minister Announces Bitcoin Payment Option for Government Services

Liechtenstein's Prime Minister, Daniel Risch, has announced plans to allow citizens to pay for government services in Bitcoin, with an immediate exchange for Swiss francs. The move follows similar initiatives in Zug and Lugano, where Bitcoin payments are accepted for certain taxes and public services. Liechtenstein has previously made headlines for its crypto-friendly policies, including the 2019 Liechtenstein Blockchain Act. The country, alongside Swiss principalities, has emerged as a European finance hub for crypto banking and investment services. Firms such as the Liechtenstein Cryptoassets Exchange (LCX) show the region's evolution of its financial sector.