Bitcoin enters Liechtenstein as Ape Brigade shakes up the crypto market

by James · May 12, 2023

The world of cryptocurrency is constantly evolving, with new players entering the market and established ones making headlines with their latest moves. In recent news, Bitcoin (BTC) has made its way into Liechtenstein, a small European country known for its strong banking and financial sector. As cryptocurrency usage continues to grow, this move of Bitcoin into Liechtenstein further cements the role of crypto in the global financial landscape.

Meanwhile, a new player in the market is causing quite a stir. Ape Brigade (APES), a simian-themed meme coin, is shaking up the crypto market with its unique approach. With innovative features that should not be missed, Ape Brigade stands out and proves that crypto can be more than just a speculative investment.

Table of Contents

Bitcoin is welcome in Liechtenstein

Liechtenstein’s Prime Minister and Finance Minister, Daniel Risch, revealed in an interview with Handelsblatt, a German daily, that the country plans to enable Bitcoin payments for specific public services. The implementation of Bitcoin payments was confirmed by Risch without giving a specific timeline.

Liechtenstein also plans to accept deposits in Bitcoin and immediately convert them into Swiss francs, the national currency. However, Risch clarified that the country would not take any significant risks with the state’s money, but is open to investing its reserves in Bitcoin in the future.

According to Handelsblatt, Liechtenstein’s state reserves, which are mainly invested in the capital market, currently amount to 2.23 billion Swiss francs or 2.51 billion dollars. Although Risch considers cryptocurrencies like Bitcoin too risky at the moment, he added that this evaluation could change over time.

It’s time to go monkey!

Ape Brigade (APES) has arrived as a fresh meme coin with the potential to take the market by storm. What sets this coin apart is the passionate community behind it, whose primary concern is the welfare of monkeys and wildlife. In a heartwarming gesture, APES has set aside a significant portion of its total supply, 10%, to donate to charities committed to wildlife conservation.

To ensure stability and liquidity, a liquidity pool has been set up that unlocks 20% of the supply, for the benefit of the Ape Brigade community. Furthermore, an incentivized staking system is in place, where users playing APES can earn 15% of the total supply reserved exclusively for staking rewards.

As an ERC-20 token, APES boasts advanced technology and is actively developing an NFT space that will become an important component of the ecosystem. It is important to note that APES is a meme coin that aims to bring about positive change and should not be overlooked.

The takeaway

The world of cryptocurrency is constantly evolving, and recent developments show that it is here to stay. With Liechtenstein welcoming Bitcoin into its financial sector, it is clear that crypto is making significant strides in the global market. And while Bitcoin is making headlines, a new player in the market, Ape Brigade, is taking a unique approach. This simian-themed meme coin is not just a cryptocurrency, but a platform to promote wildlife conservation.

With innovative features, Ape Brigade challenges the perception of crypto as solely a speculative investment. As crypto continues to evolve, we can expect to see more players like Ape Brigade using the technology to make a positive impact on the world.