PM Browne: Antigua & Barbuda Ready to Embrace Crypto as US Policy Shifts
Prime Minister Gaston Browne has said Antigua & Barbuda is prepared to embrace cryptocurrency and blockchain technology, noting that the US stance on digital assets has shifted with the change in administration.
Speaking on Pointe FM, Browne highlighted the evolving regulatory landscape, stating that former US President Donald Trump was more open to cryptocurrencies compared to current policies under President Joe Biden.
“We are watching that space to see how it develops, and where the opportunities arise, Antigua & Barbuda will be one of the first movers,” he said.
He emphasized that the country already has a Virtual Assets Act in place and remains positioned to capitalize on blockchain advancements while maintaining regulatory safeguards.
“We have the infrastructure, but we are very cautious about how we onboard businesses to avoid attracting bad actors,” Browne explained.
The Prime Minister pointed to real estate tokenization as one area where blockchain could create investment opportunities, allowing properties to be sold in fractional shares via digital assets.
While reaffirming Antigua & Barbuda’s commitment to financial security, Browne made it clear that the country intends to embrace cryptocurrency innovations as global policies continue to evolve.vb
