Barbados Cryptocurrency Firm Bitt Launching Platform in Montserrat

Barbados-based cryptocurrency firm Bitt has partnered with the government of Montserrat to launch its digital payments platform on the Caribbean island.

“The people of Montserrat will benefit from increased financial inclusion, and a significant reduction in their need for cash to make payments for goods and services, or as a means of saving,” said Donaldson Romeo, Montserrat Premier.

The new service will allow everyone with a smartphone, tablet, or computer to easily make digital domestic transactions on the island.

“We’re honored to assist the island in meeting its objective of boosting financial inclusion, while reducing reliance on cash, as together we build resilience and sustainable socio-economic progress,” said Rawdon Adams, CEO of Bitt.