Home Caribbean The Start Of Antigua and Barbuda's Digital Transformation | BSV Stories – Episode 6

The Start Of Antigua and Barbuda's Digital Transformation | BSV Stories – Episode 6

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The Start Of Antigua and Barbuda's Digital Transformation | BSV Stories – Episode 6

Antigua and Barbuda is one of many countries that has felt the effects of the COVID-19 pandemic. Reduced tourist numbers and increased dependence on online payments have had a heavy impact on the island. The solution may lie in a diversified economy with a focus on innovation. That’s the vision of Antigua’s government which has recently passed legislation to support the local tech sector.

The Prime Minister passed the Digital Assets Business Bill into law in 2020 in hopes that it will encourage new digital businesses and stimulate the economy. The Prime Minister welcomes the BSV platform and believes that it will help attract new investments, create new products for exportation, increase their earning capacity, and at the same time, create opportunities, especially career opportunities for people.

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