The island state in the southwestern Pacific Ocean Vanuatu accepts the Bitcoins as payment in the framework of its citizenship program. For the passport of this state is required to pay $ 200 thousand, reports Business Insider.
Given the current Bitcoin exchange rate ($ 4,581), Vanuatu citizenship can be purchased for 43.64 BTC.
Since Vanuatu is a member of the UN, the country has a visa-free regime, allowing residents to visit 113 countries, including Britain, Russia and the European Union.
James Harris, head of the Vanuatu Information Centers Network, said: “There are some suspicions about using crypto currency in financial transactions and fears that they can be used to conduct undesirable activities. However, there are crypto-currencies in a fully traceable register, where the entire history of their creation and trading is visible. ”