This Indian Nation Is Setting Up A Special Economic Zone For Crypto, Fintech, Blockchain On Native Land - BitcoinEthereumNews.com
blockchain cryptoThis Indian Nation Is Setting Up A Special Economic Zone For Crypto, Fintech, Blockchain On Native Land05 / 06 / 2022Balita ng Ethereum ng BitcoinăăThere are over 500 casinos on Native American tribal lands in the United States, plus numerous other businesses that benefit from special regulation in special jurisdictions. Soon, that list of businesses could include startups in the crypto, blockchain, and fintech spacesăăIt already does in Rock Hill, South Carolina.ăă25 miles south of Charlotte, Rock Hill county is home to just over 100,000 people, including the Catawba Indian Nation. And that nation has just sent up a special economic zone with regulatory certainty for web3, crypto, blockchain, and fintech companies that they might not find anywhere else in the U.S.ăă(Larawan ni Mario Tama / Mga Larawan ng Getty)ăăGetty ImagesnăăâWhat the Catawba are building is a special economic zone,â the CEO of the Catawba Digital Economic Zone, Joseph McKiney, told me recently on the Podcast ng TechFirst. âA special economic zone is an area within the host government that has different laws or legal codes and regulations that make it attractive for businesses to relocate there. And traditionally that has been done physically, you usually set up an