Bitcoin latest: Europe’s richest royal family is ‘open’ to cryptocurrency investments

Prince Hans-Adam’s (left) and Crown Prince Alois have inherited wealth that originates from the 12th century and bigger than that of Queen Elizabeth REUTERS

The royal family of one of Europe’s smallest states is open to investing in cryptocurrencies to boost its wealth.

Crown Prince Alois of Liechtenstein says digital tokens such as bitcoin were “something to look into more into the future”, but admitted the principality does not currently have the “internal expertise to do that [invest] directly”.

Speaking to CNBC, Prince Alois said that he is interested in the way blockchain, the ledger technology which underpins bitcoin, could be used as a way of improving administrative tasks in the country.

The royal family of one of Europe’s smallest states is open to investing in cryptocurrencies to boost its wealth.

Crown Prince Alois of Liechtenstein says digital tokens such as bitcoin were “something to look into more into the future”, but admitted the principality does not currently have the “internal expertise to do that [invest] directly”.

Speaking to CNBC, Prince Alois said that he is interested in the way blockchain, the ledger technology which underpins bitcoin, could be used as a way of improving administrative tasks in the country.

Source: independent.co.uk