Government of St Kitts and Nevis does NOT accept cryptocurrency as a form of payment for its Citizenship by Investment programme

Basseterre, Nov. 14, 2022 (GLOBE NEWSWIRE) — The government of St Kitts and Nevis, along with the Citizenship by Investment Unit of the country, have refuted claims that investors interested in gaining citizenship to the country can pay using cryptocurrencies such as Bitcoin.

The St Kitts and Nevis citizenship by investment programme is the oldest in the world, having been established in 1984 – it has been providing investors from across the globe with one of the quickest, easiest, and most affordable routes to second citizenship.

Underpinned by a robust multi-layered due diligence process undertaken by international security firms from the USA and the UK, investors need to go through a formal application process consisting of eight main steps, which include:

  • Step 1: Pre-approval by a verified St Kitts and Nevis government agent and preparation of the application
  • Step 2: Submission of the citizenship application
  • Step 3: Application processing by the Citizenship by Investment Unit and internal and external due diligence checks
  • Step 4: Approval in principle letter issued
  • Step 5: Contribution to either the Sustainable Growth Fund or pre-approved real estate
  • Step 6: Bank clearance of source of funds
  • Step 7: Certificate of Registration issued
  • Step 8: Citizen can apply for a St Kitts and Nevis passport

Throughout the whole process, an investor will engage with an approved government agent who will facilitate the application and any payments will be made via registered banks using fiat money – a government-issued currency that is not backed by a commodity such as gold. An example would be the United States Dollar, Euro or Chinese Yuan.

Investors cannot make payments to a government-approved agent or the Citizenship by Investment Unit by using cryptocurrencies directly. These would need to be liquidated into fiat currency first and an applicant would need to provide a supporting affidavit regarding their source of funds as part of the application process.

St Kitts and Nevis has not yet passed any legislation regarding cryptocurrency. The country is participating in the Eastern Caribbean Central Bank (ECCB) pilot program, which aims to study the utilisation of cryptocurrency as a fiat currency.

The program’s purpose is to provide a safe and secure digital financial system by utilising the advantages of blockchain and is designed to exemplify the viability and functionality of the ECCB’s ability to issue Digital Eastern Caribbean Dollars.

The ECCB is the fiscal authority for the Eastern Caribbean Currency Union (ECCU).

Speaking at the Electronic Cash Conference 2022, which was held on November 12 2022, Prime Minister of St Kitts and Nevis, Dr Terrance Drew, expressed that while Bitcoin Cash – another form of cryptocurrency – is used as a method of tender by some businesses in the country, due diligence checks are presently being prioritised by his government ahead of any major decision concerning that cryptocurrency’s official use.

Prime Minister Drew stated that the financial safety and security of citizens is a matter of high priority, and the government, with the guidance of the ECCB, is prepared to explore the possibility of Bitcoin Cash being introduced as legal tender in the local financial space.

The Prime Minister explained that once all the crucial financial safeguards were in place, Bitcoin Cash could become accepted legal tender in St Kitts and Nevis by March 2023.

Benefits of gaining second citizenship to St Kitts and Nevis

Citizenship by Investment is a legal process to grant individuals – and, in some cases, their families – dual citizenship in exchange for a financial contribution to the country’s economy. The initiative permits countries to channel generated funds into developing healthcare, education, infrastructure, and more.

Being a citizen of St Kitts and Nevis offers investors a myriad of benefits including family reunification, global mobility, enhanced security, and increased economic opportunities.

St Kitts and Nevis offers award-winning and internationally acclaimed education institutions like veterinary and medical universities, attracting global-minded professionals. People from all over the world come to St Kitts and Nevis, over a million a year to be exact, because of its booming tourism sector.

In recent years, the nation has seen growing numbers of American visitors. Around 1,000 US citizens currently reside on the islands. Now, with more work-from-home policies than ever, many see the Caribbean as the perfect destination to get away from the bustle of big cities while continuing to be connected when business calls.

In addition to citizenship and global mobility, St Kitts and Nevis offers its citizens who choose to become tax residents a wide variety of insurance services in a tax-friendly environment. For example, the country guarantees financial privacy by not making any information about offshore business owners and top managers public.

Portfolio diversification is the first step in dispersing your investments so that your exposure is not limited to just one type of asset. An investment in property in St Kitts and Nevis would allow you to diversify your investment portfolio and potentially make a return upon selling that your share in real estate after the end of the minimum hold period.

This will also ensure that you retain a certain amount of your wealth outside of your home country. In uncertain political and economic climates, knowing that a portion of your portfolio is free from the grips of a potentially corrupt government can give you tremendous peace of mind.

PR St Kitts and Nevis
Government of St. Kitts and Nevis

GlobeNewswire Distribution ID 8696223

Yanggu Wood Carving: Carving Everything on Good Wood, Seeing All Life in Small Space

Wood carving work: Mountain, Water and Saint

LIAOCHENG, China, Nov.8, 2022 /Xinhua-AsiaNet/– Wood carving is an important part of the traditional Chinese carving art. Yanggu County, Liaocheng City, Shandong Province is a millennial ancient city, where the Yellow River culture, canal culture, Water Margin culture, and Dongyi culture are blended, providing a cultural soil for folk art and traditional crafts, as well as the deposits of various traditional folk arts, among which Yanggu wood carving has a history of more than 200 years. The local wood carving works mostly originate from the story of Water Margin and local folk customs, with extremely complex production process from design, material selection, cutting, woodworking, to carving, assembly, polishing and waxing. Camphorwood, nanmu, sandalwood and other precious woods are often used as raw materials. In 2013, Yanggu wood carving was selected as intangible cultural heritage of Shandong Province, according to the Information Office of YangGu District People’s Government.

Bamboo Sculpture of the God of Longevity

68-year-old Wang Chuancheng is the representative inheritor of Yanggu wood carving in Shandong Province. In his exhibition hall, the wood carving works embody smooth and simple cutting technique, lively characters, and vivid natural shape. His representative works include Confucius, the Founder of the Thought of Great Harmony, Nine Phoenix Screen, Screen with Mountains, Waters, and Saints, etc.

Source: The Information Office of YangGu District People’s Government

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Wood carving work: Confucius, All Men Are Brothers








Yanggu wood carving still maintains the tradition of handicraft

5th World Laureates Forum opens with the inaugural WLA Prize award ceremony

SHANGHAI, Nov. 14, 2022 /Xinhua-AsiaNet/– The fifth World Laureates Forum, or WLA Forum, successfully held in Shanghai, featuring 60 top scientists worldwide, including 27 Nobel Prize laureates.

Two WLA Prize Laureates received medals at Inaugural WLA Prize Award Ceremony of the 5th World Laureates Forum on 6 November.

On the annual theme of the forum, “Science Forward: Create a Bright Future”, Roger Kornberg, Chairman of the World Laureates Association (WLA) and laureate of the Nobel Prize in Chemistry for 2006, explained that the world is changing fast, and science can help us deal with the challenges in the future. Before its official opening, various meetings and events, including WLA Zero Carbon Forum, WLA SHE Forum, the WLA Sci-T Conference, and the newly-launched WLA Laboratories Forum, have been held since 29 October. (Follow WLA Forum at Twitter & Facebook @wlaforum)

Notably, the inaugural World Laureates Association Prize (WLA Prize) was awarded to two scientists at the opening ceremony on 6 November. The 2022 WLA Prize in Computer Science or Mathematics was awarded to Michael I. Jordan, Professor, Department of Electrical Engineering and Computer Sciences & Department of Statistics, UC Berkeley, for his fundamental contributions to the foundations of machine learning and its application. And the 2022 WLA Prize in Life Science or Medicine was awarded to German biochemist Dirk Gorlich, Scientific member and Director, Max Planck Institute for Multidisciplinary Sciences, for his key discoveries elucidating the mechanism and selectivity of protein transport between the cytoplasm and nucleus.

Michael I. Jordan, 2022 WLA Prize Laureate in Computer Science or Mathematics – “We have a tradition at Berkeley that when someone gets a prize, on the email, there’s a congratulation from everybody going around all day long. So it’s very nice you get 100 emails of congratulations.”

Dirk Gorlich, 2022 WLA Prize Laureate in Life Science or Medicine – “I felt surprised and very happy. I felt extremely honored. I should also say one should not do science just in waiting for an award. Science itself is very rewarding. It’s a great privilege to do science.”

The monetary award for each prize is 10 million yuan ($1.39 million). More information about the nomination of the WLA Prize in 2023 will be announced at the official website

For more information, please contact:

Source: World Laureates Association (WLA)

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Winners in the 19th Annual Stevie® Awards for Women in Business Announced

Women-Owned Businesses and Professionals Were Honored at an Awards Ceremony in Las Vegas

Winners named in 19th Stevie Awards for Women in Business program

Top female entrepreneurs, executives, and employees from around the world were named as Stevie Award winners at a ceremony in Las Vegas, NV U.S.A. on Friday, November 11.

FAIRFAX, Va., Nov. 14, 2022 (GLOBE NEWSWIRE) — Shining a spotlight on women executives, entrepreneurs, and organizations run by women, winners in the 2022 Stevie® Awards for Women in Business were announced on Friday, November 11.

The Stevie Awards for Women in Business is an international competition produced by the creators of the prestigious International Business Awards® and American Business Awards®. The Stevie is widely considered to be the world’s premier business award.

With nominated working women and their guests in attendance, the awards were announced during a gala event at Caesars Palace in Las Vegas, Nevada. The 2022 competition attracted nominations from 27 nations.

The presentations were broadcast live via Livestream.

More than 1,500 nominations from organizations and individuals around the world were submitted to the awards this year for consideration in categories including Entrepreneur of the Year, Executive of the Year, Most Innovative Company of the Year, and Startup of the Year, among others. More than 200 business professionals working in seven specialized judging committees determined the Gold, Silver, and Bronze Stevie Award winners.

Grand Stevie Award trophies were presented to five organizations that submitted the best body of entries to the competition, in their own names or in the names of one or more clients. Winners were determined by the number of Gold, Silver, and Bronze Stevie Awards won in the competition. The Grand Stevie Award winners are:

  • The Audacious Agency, Coombabah, QLD, Australia (#1)
  • IBM, Armonk, NY, U.S.A. (#2)
  • Megaphone, Melbourne, Australia (#3)
  • Melissa Sones Consulting, New York, NY U.S.A. (#4)
  • Global Press Institute, Washington D.C., U.S.A. (#5)

The 2022 Gold, Silver, and Bronze Stevie Award winners reflect a diverse group of large and small organizations from around the globe. Notable Gold Stevie Award winners in this year’s competition include:

  • Sandrine Pons, Regional Vice President, Head of Solutions Sales & Innovation, SAP, Paris, France, for Women Helping Women – Business
  • Ann Kaplan, Las Vegas, NV U.S.A, for Woman of the Year – Accounting and Finance
  • Susan McLaughlin, Senior Innovative Media and Creative Operations Manager, Vanguard, Malvern, PA U.S.A, for Woman of the Year – Advertising, Marketing & Public Relations
  • Fatima Sultan Al-Kuwari, Group Chief Human Resources Officer, Ooredoo, Qatar, for Female Executive of the Year – Business Products –More Than 2,500 Employees
  • Shama Hyder, CEO and Founder, Zen Media, Plano, TX U.S.A., for Most Innovative Woman of the Year – Social Media
  • Stephanie Wernick Barker, President, Mondo, New York, NY U.S.A, for Female Thought Leader of the Year – Business Services
  • Gehad Hamdy, Founder, Speak Up, Giza, Egypt, for Social Change Maker of the Year – Gender
  • Michelle John, Founding Director, PEGS, Shrewsbury, Shropshire, United Kingdom, for Woman of the Year – Government or Non-Profit
  • Kelley Higney, Founder & CEO, Bug Bite Thing, Port Lucie, FL U.S.A, for Best Female Entrepreneur – Consumer Products –11 to 2,500 Employees
  • Allison Grafton, President and Founder, Rockwood Custom Homes, Calgary, Alberta, Canada, for Best Female Entrepreneur in Canada

Organizations that won more than one Gold Stevie Award include Anheuser-Busch InBev, Babylist, Brandless, But Bite Thing, Caroline Kennedy Group, Everise, Flock DC, Global Press Institute, Halkbank, Harman International, LickYourPhone Media, Luma Brighter Learning, Megaphone, Primrose Schools, Rockwood Custom Homes, Rubi Laboratories, Sidus Space, and The Tambellini Group.

HCLTech, the global technology company delivering industry-leading capabilities centered around digital, engineering and cloud, powered by a broad portfolio of technology services and products, sponsored awards in four categories called HCLTech Women in Technology Awards. Among notable Stevie winners in those categories are:

  • Monica Williams, Senior Vice President – Digital Products and Content Distribution, NBCUniversal, for New Normal Digital Transformer
  • Karen Oerter, Director of Information Technology, Land O’Lakes, for New Normal Digital Transformer
  • Abby Knowles, Vice President Global Technology Solutions, Verizon, for Leading Through Uncertainty
  • Susan Doniz, CIO & SVP of Information Technology & Data Analytics, The Boeing Company, for Leading Through Uncertainty
  • Tia Ballard, Head of Cloud and Automation, Sempra, for Leadership in Next Gen Technology
  • Constance Metcalfe, Associate Vice President – Enterprise Infrastructure Transformation, Canadian Tire Corporation, for Excellence in Transforming Business

For a complete list of Stevie Award winners and more information, visit

The Stevie Awards staged the fifth edition of its Women|Future Conference virtually on November 8-10 in conjunction with the Stevie Awards for Women in Business. More than 250 women shared three days of programming highlighted by a keynote presentation by Rashmi Verma, head of D&I at Hugo Boss.

Entries for the 2023 (20th) edition of the awards will open in May. The 2023 awards ceremony will be held at the Marriott Marquis in New York, NY USA in November.

About the Stevie Awards

The Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards®, The International Business Awards®, the Middle East & North Africa Stevie Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at

Maggie Miller
+1 (703) 547-8389

A photo accompanying this announcement is available at

GlobeNewswire Distribution ID 8695848

MGA Establishes MGA Studios with $500 million in Cash and Assets; Acquires Pixel Zoo Animation

The move signals MGA’s strong commitment to growing its dominance in the rapidly evolving digital entertainment landscape by pursuing strategic gaming and tech acquisitions or partners

LOS ANGELES, Nov. 14, 2022 (GLOBE NEWSWIRE) — MGA Entertainment, Inc. (MGA), one of the world’s largest and fastest growing privately held toy and entertainment companies, announced today the formation of MGA Studios, an independent subsidiary of MGA, backed with more than a half billion dollars in cash and assets. This move underscores MGA’s continued commitment to a rapidly evolving digital entertainment landscape.  In fact, more than 35 years ago, when it wasn’t usual in the toy industry to incorporate entertainment, MGA embraced it and changed the company name from Micro Games of America to MGA Entertainment, Inc.

“While continued innovation in the toy category remains a key driver for our business, we understand the world is changing and are fully committed to carrying our winning legacy into this new and evolving digital landscape,” said Isaac Larian, Founder and CEO, MGA Entertainment, Inc. “In addition to growing our large catalogue of television, movie and streaming content, through MGA Studios we aim to create smaller and safer mini universes for our children to grow and develop in a seamless digital and physical entertainment ecosystem.”

MGA Entertainment also announced today that Pixel Zoo Animation, one of the leading digital animation studios globally, is MGA Studios’ first acquisition. During the past several years, Pixel Zoo has pushed the limits of high-quality animation and content for children and families. Paul Gillett, Founder and CEO of Pixel Zoo, will continue in his role supporting MGA Studios’ growth into a dominant position globally.

“During the past few years, we have been extremely impressed by MGA’s brands, how they partner with their suppliers, as well as their creative and execution capabilities. Intellectual Property development has always been an important part of our studio and this opportunity allows our team to show the world what we can do,” said Gillett. “Working with MGA has been one of the most rewarding experiences we have had, so partnering with them is the next natural step for us. I am excited for our studio to be the first foundational building block of MGA Studios.”

MGA Studios will be charged with independently developing and growing a digital presence through acquisitions, partnerships, and in-house development of innovative content and original intellectual property (IP). MGA Studios will leverage MGA Entertainment’s existing and future IP including L.O.L. Surprise!™, Little Tikes® Let’s Go Cozy Coupe®, Rainbow High™, Bratz®, Baby Born®, Mermaze Mermaidz™, Na! Na! Na! Surprise™, and more, with great new content and brands coming soon.

“MGA Entertainment has demonstrated time and again our ability to create multiple blockbuster brands from the ground up. The purpose of MGA Studios will be to facilitate the expansion of these brands beyond the toy aisle and turn them into true transmedia franchises, including entertainment, gaming, and online experiences,” said MGA Studios President, Jason Larian. “We are committed to bringing new partners into the fold to help realize our vision and the Pixel Zoo acquisition is the first step of many on this journey.”

MGA Entertainment and Pixel Zoo have collaborated on many notable projects during the last several years including L.O.L. Surprise! The Movie, available on Netflix; L.O.L. Surprise! House of Surprises series, available on YouTube and Netflix; Rainbow High series, available on YouTube and Netflix; Mermaze Mermaidz series, available on YouTube; Let’s Go Cozy Coupe series, available on YouTube and Amazon; and more. Their latest project together, L.O.L. Surprise! Winter Fashion Show movie, premiered on Netflix this past October.

About MGA Entertainment

MGA Entertainment is one of the world’s fastest growing and largest privately held toy and entertainment companies. Headquartered in Chatsworth, Calif. and with offices globally, the company creates innovative, proprietary, and licensed consumer products and entertainment, including toys, games, dolls, apparel, consumer electronics, home décor, stationery, sporting goods, movies, and television series. The MGA family includes award-winning brands such as L.O.L. Surprise!™Little Tikes®, Rainbow High™, Shadow High™, Bratz®, MGA’s Miniverse™, Na! Na! Na! Surprise™, Mermaze Mermaidz™ Color Change, Micro Games of America™Baby Born® Surprise and Zapf Creation®. For more information, please visit us at or check us out at LinkedIn or Twitter.

About MGA Studios

MGA Studios is an independent subsidiary of MGA Entertainment, Inc. and a Delaware C-corp. The company is focused on developing and growing a safe digital environment for children and families to come together and enjoy wholesome entertainment across digital and physical platforms. MGA Studios has rights to more than 7,000 trademarks, patents, and copyrighted works and has financial backing of MGA Entertainment, Inc. For more information, please visit

About Pixel Zoo 

Pixel Zoo is a full-service animation studio that has focused on digital content in both short and long forms. Based in Brisbane, Australia, Pixel Zoo is at the cutting edge of animation, pushing the boundaries and developing new techniques that have continually kept them on top as the industry develops and changes around them. Lead by a team of creatives Pixel Zoo prides itself on delivering a product that speaks for itself.


NOTE TO EDITOR: Video clips and stills available of animated series and movie on request.


Alan Hilowitz
MGA Entertainment, Inc.

GlobeNewswire Distribution ID 8695466

‫وینٹیج کے ساتھ ‘ورلڈ کپ کریز’ ایونٹ میں شامل ہوں اور اپنی پسندیدہ فٹ بال ٹیموں کے ساتھ انعامات جیتیں

جیتنے والی ٹیم کے لئے ووٹ کریں اور آنے والی فٹ بال چیمپیئن شپ کے دوران انعامات حاصل کریں، جسے تخلیق کیا ہے وینٹیج نے – جو چلتے پھرتے بلامشقت تجارت کے لیے ایک جدید مالیاتی ایپ اور سروس ہے

سنگاپور، 14 نومبر، 2022/پی آرنیوزوائر/ — بین الاقوامی کثیر اثاثہ بروکر وینٹیج (یا “وینٹیج مارکیٹس”)، آنے والے ورلڈ کپ 2022 کی پیش بندی میں، اپنے ورلڈ کپ کریز ایونٹ کے آغاز کا اعلان کرتے ہوئے خوش ہے۔ آج سے، وینٹیج ایپ پر تاجر دلچسپ انعامات کے لیے ہر میچ میں جیتنے والی ٹیم کے لئے ووٹ کر سکیں گے۔

پورے ایونٹ میں کل 64 میچوں کے ساتھ، ورلڈ کپ کا جنون کھیلوں کے شائقین کے لیے کھلاڑیوں، ٹیموں اور نتائج کی پیروی کرنے کے لیے ایک دلچسپ اور پرلطف طریقہ بننے کی امیدہے جس دوران  وہ اپنی قِسم  کے واحد وینٹیج ایونٹ میں دنیا  بھر   کے پسندیدہ  کھیل  فٹ بال کے دیگر شائقین کے ساتھ مشغول ہوں گے۔  فاتحین کا اعلان 23 دسمبر 2022 کو ایونٹ کے اختتام کے بعد کیا جائے گا۔

وینٹیج ایپ صارفین کے موبائل ٹریڈنگ کے تجربے میں سوشل ایپ ٹریڈنگ کی خصوصیات کے ساتھ ، بغیر کسی رکاوٹ کے اندرون ایپ ڈپازٹس، ملکیتی تکنیکی تجزیہ کے ٹولز اور بہت  کچھ  کے ساتھ مزید اضافہ کرتی ہے، تاکہ یقینی بنایا جا سکے کہ صارفین کے پاس اپنے تجارتی مواقع سے زیادہ سے زیادہ فائدہ اٹھانے کے لیے بہترین ٹولز موجود ہیں۔

وینٹیج کے ورلڈ کپ کریز کے بارے میں مزید جاننے اور اس میں شامل ہونے کے لیے، باقاعدہ اندراج کا صفحہ یہاں دیکھیں۔ شرکاء ٹک ٹاک، ٹویٹر، انسٹاگرام اور فیس بک پر بھی وینٹیج کے ساتھ مشغول ہو سکتے ہیں تاکہ فاتح کا انکشاف ہونے اور ایونٹ سے متعلق اعلانات سے باخبر رہا جا سکے۔

وینٹیج کے بارے میں

وینٹیج (یا ” وینٹیج مارکیٹس”) ایک عالمی، کثیر اثاثہ بروکر ہے جو کلائنٹس کو فاریکس، کموڈٹیز، انڈیکس، حصص، بانڈز اور ای ٹی ایفس کی تجارت کے لیے ایک نفیس اور طاقتور سروس تک رسائی فراہم کرتا ہے۔

13 سال سے زیادہ مارکیٹ کے تجربے کے ساتھ اب وینٹیج کے پاس 30 سے زیادہ عالمی دفاتر میں 1,000 سے زیادہ ملازمین ہیں۔

وینٹیج ایک بروکر سے کہیں بڑھ کر ہے۔ یہ ایک قابل اعتماد تجارتی ماحولیاتی نظام، ایک ایوارڈ یافتہ موبائل ٹریڈنگ ایپ، اور صارف دوست تجارتی پلیٹ فارم فراہم کرتا ہے جو کلائنٹس کو تجارتی مواقع سے فائدہ اٹھانے کے قابل بناتا ہے۔ ایپ اسٹور یا گوگل پلے پر وینٹیج ایپ ڈاؤن لوڈ کریں۔

جب آپ وینٹیج پراسمارٹر ٹریڈ کرتے ہیں تو مارکیٹ کے مواقع جیتنے پر بہتر فائدہ اٹھانے کے لیے بااختیار بنیں۔