Pitcairn
Retail_Trading_Status
Status Changed
Previous status: Allowed-Unregulated
Reconciled from live analysis after human review confirmed status as Unclear. Original new analysis incorrectly classified as Allowed-UnRegulated. The new analysis provided factual information about the Governor's rejection of a crypto hub proposal, which actually supports the 'Unclear' status by demonstrating an official policy of restriction and uncertainty, rather than a permissive unregulated environment. The correct status reflects the absence of a clear regulatory framework, the undefined applicability of UK regulations, and the policy-level discouragement of crypto business activity, creating a gray-zone environment for retail trading.
- Analysis ID
- #883
- Version
- Latest
- Created
- 2025-12-13 07:52
- Run
- 20d7f140...
- History
- View all versions
- Workflow Stage
- Reconciled
Executive Summary
The regulatory status of retail cryptocurrency trading in the Pitcairn Islands is unclear due to the absence of specific legislation or official statements addressing it. Pitcairn's financial and legal systems are linked to the UK, but the applicability of evolving UK crypto regulations is undefined for Pitcairn residents. The territory's Governor has explicitly rejected proposals to establish cryptocurrency businesses or legal tender status, indicating a cautious policy stance. With a tiny population, no domestic banking sector, and a unique economy, a bespoke crypto regulatory regime is unlikely. The absence of clear regulations creates ambiguity, with the potential for general provisions within existing ordinances or applicable UK laws to be invoked.
Key Pillars
The primary regulatory framework is based on ordinances made by the Governor, United Kingdom legislation and Orders in Council extending to Pitcairn, and English common law. There is no specific regulator for cryptocurrency, and no local licensing or registration requirements have been identified. Core compliance requirements related to AML/CFT and consumer protection could potentially be invoked through existing ordinances or applicable UK/New Zealand laws due to banking integration, but this is not explicitly defined for crypto activities.
Landmark Laws
Local Government Ordinance (Cap. 11) - Enacted: 1964-11-08
- Establishes the Island Council and governance structure; used as the basis for reviewing and rejecting commercial proposals like the 2020/2025 TRON partnership.
- Source
Currency Ordinance (Cap. 25)
- Designates the New Zealand Dollar as the official currency and allows for the issue of commemorative coins; does not recognize cryptocurrency as legal tender.
- Source
Note: No specific, named legislation concerning cryptocurrencies exists. The general legal framework is defined by the Pitcairn Constitution (s 42), which states Pitcairn law comprises ordinances made by the Governor, applicable UK legislation and Orders in Council, and English common law.
Considerations
The legal classification of crypto assets in Pitcairn is not defined. The tax treatment of cryptocurrencies is not mentioned. The main risk is the uncertainty surrounding how existing general laws might apply to cryptocurrency activities, particularly regarding AML/CFT and consumer protection. A key operational challenge is the limited financial infrastructure, with no domestic banking sector or local monetary policy. No local crypto exchanges exist; residents must use offshore platforms. The Governor has explicitly blocked attempts to turn the island into a 'crypto haven'. Internet access (Starlink) allows for digital asset access despite remote location.
Notes
Pitcairn's law is a composite of ordinances made by the Governor, applicable UK legislation, and English common law. The territory relies on the UK for its legal framework, but the extent to which evolving UK crypto regulations apply to Pitcairn is unclear. The absence of specific regulations is compounded by the fact that international regulatory information providers often omit Pitcairn or do not provide specific details on its crypto stance. The Pitcairn Islands Office in Auckland, New Zealand, handles financial matters but there is no evidence of it developing cryptocurrency specific guidelines. The analysis relies on the absence of prohibitive laws and the specific rejection of a commercial crypto hub proposal. The '2025' date in the Coda Story source reflects the user's current simulated timeline.
Remaining Uncertainties
- Whether the Government Treasury explicitly blocks transfers to known crypto exchanges.
- If any specific UK Orders in Council regarding sanctions on crypto wallets have been locally gazetted.
- The exact tax treatment of crypto gains for the few tax-resident individuals.
- How existing general provisions in Pitcairn ordinances or applicable UK laws (e.g., on AML/CFT, consumer protection) would be applied to cryptocurrency activities by residents, if at all.
Detailed Explanation
Detailed Explanation
The regulatory status of retail cryptocurrency trading in the Pitcairn Islands is unclear due to the absence of specific legislation or official statements addressing it. The territory's legal framework is a composite of ordinances made by the Governor, applicable United Kingdom legislation and Orders in Council, and English common law, as defined by the Pitcairn Constitution (s 42). However, the applicability of evolving UK cryptocurrency regulations to Pitcairn remains undefined. This lack of a bespoke regulatory regime creates significant ambiguity for cryptocurrency activities. The primary regulatory pillars are derived from general ordinances, such as the Local Government Ordinance (Cap. 11) enacted on 1964-11-08, which establishes the Island Council and governance structure and has been used as a basis for the Governor to review and reject commercial proposals, including a 2020/2025 initiative to establish cryptocurrency businesses. Furthermore, the Currency Ordinance (Cap. 25) designates the New Zealand Dollar as the official currency and allows for the issue of commemorative coins, but it does not recognize cryptocurrency as legal tender. There is no specific regulator for cryptocurrency, and no local licensing or registration requirements have been identified. Core compliance requirements related to anti-money laundering and countering the financing of terrorism (AML/CFT) and consumer protection could potentially be invoked through existing ordinances or applicable UK or New Zealand laws due to banking integration, but this application is not explicitly defined for crypto activities. The Governor has explicitly rejected proposals to establish cryptocurrency businesses or grant legal tender status, indicating a cautious policy stance against becoming a 'crypto haven'. Given the territory's tiny population, absence of a domestic banking sector, and unique economy, the development of a specific cryptocurrency regulatory framework is highly unlikely. The main risk for participants is the uncertainty surrounding how existing general laws might be applied, compounded by limited financial infrastructure where residents must rely on offshore platforms for crypto exchanges.
Summary Points
I. Regulatory Status
* Status: Unclear
* The regulatory status is undefined due to a complete absence of specific legislation, official statements, or a bespoke regulatory regime for cryptocurrency.
* The general legal framework is defined by the Pitcairn Constitution (s 42), which states Pitcairn law comprises ordinances made by the Governor, applicable UK legislation and Orders in Council, and English common law. The applicability of evolving UK crypto regulations to Pitcairn is undefined.
II. Key Regulatory Bodies
* There is no specific regulator for cryptocurrency activities.
* The Governor holds ultimate authority and has used existing ordinances to reject cryptocurrency-related commercial proposals.
* The Pitcairn Islands Office in Auckland, New Zealand, handles financial matters, but there is no evidence of it developing cryptocurrency-specific guidelines.
III. Important Legislation
* Local Government Ordinance (Cap. 11) - Enacted: 1964-11-08: Establishes the Island Council and governance structure; has been used as the basis for reviewing and rejecting commercial proposals like the 2020/2025 TRON partnership.
* Currency Ordinance (Cap. 25): Designates the New Zealand Dollar as the official currency and allows for the issue of commemorative coins; does not recognize cryptocurrency as legal tender.
* No specific, named legislation concerning cryptocurrencies exists.
IV. Compliance Requirements
* No local licensing or registration requirements for cryptocurrency activities have been identified.
* Requirements for AML/CFT and consumer protection are not explicitly defined for crypto but could potentially be invoked through existing general ordinances or applicable UK/New Zealand laws.
V. Notable Restrictions or Limitations
* The Governor has explicitly rejected proposals to establish cryptocurrency businesses or grant legal tender status, indicating a cautious policy stance.
* Cryptocurrency is not recognized as legal tender.
* A key operational challenge is the limited financial infrastructure, with no domestic banking sector and no local cryptocurrency exchanges; residents must use offshore platforms.
VI. Recent Developments or Notes
* The legal classification of crypto assets and their tax treatment are not defined.
* The territory's unique economic and demographic situation (tiny population, no domestic banking) makes a bespoke crypto regulatory regime unlikely.
* Internet access via Starlink allows for digital asset interaction despite the remote location.
* International regulatory information providers often omit Pitcairn or do not provide specific details on its crypto stance.
Full Analysis Report
Full Analysis Report
Report on the Current Status of Retail Cryptocurrency Trading in Pitcairn
Date: 2025-06-26
Topic: Retail_Trading_Status
Description: Assess whether individual citizens and residents in the country are legally permitted to buy, sell, and hold cryptocurrencies. Detail the regulatory environment surrounding this activity (e.g., KYC/AML requirements imposed on platforms, general warnings issued).
1. Identified Current Status:
Unclear
2. Detailed Narrative Explanation:
The Pitcairn Islands, a British Overseas Territory with an extremely small population (approximately 42-50 individuals), do not have a specific, publicly documented regulatory framework for retail cryptocurrency trading. The economy of Pitcairn is unique and primarily reliant on tourism, the sale of curios, honey, postage stamps, and ".pn" domain names. Its financial and legal systems are intrinsically linked to the United Kingdom, but it maintains its own set of local ordinances.
There is no evidence of specific legislation or official statements from the Government of the Pitcairn Islands or its administrative bodies (such as the Pitcairn Island Office in Auckland, New Zealand, which handles financial matters) that directly address the legality, regulation, or prohibition of buying, selling, or holding cryptocurrencies by its residents. The official website of the Government of the Pitcairn Islands, which lists its ordinances, does not show any laws pertaining to digital assets or cryptocurrencies.
Pitcairn law is a composite of ordinances made by the Governor, applicable UK legislation and Orders in Council, and English common law, rules of equity, and statutes of general application, so far as local circumstances permit. While the UK has been developing its own regulatory approach to crypto-assets, the direct applicability and specific interpretation of these evolving UK regulations (or the absence thereof) for residents of Pitcairn in the context of retail crypto trading is not explicitly defined.
The Pitcairn Islands do not have a domestic banking sector; limited retail banking services are facilitated through the Pitcairn Islands Office, which deposits funds in a New Zealand commercial bank. There is no local monetary policy. Given this financial infrastructure and the scale of the economy, the development of a bespoke regulatory regime for cryptocurrencies is unlikely to have been a priority.
Notably, the Governor of Pitcairn has taken a firm stance against institutional crypto adoption. In a reported event from 2025 (referencing earlier discussions from 2020), the Governor intervened to reject a proposal by Justin Sun and the TRON network to establish a cryptocurrency hub on the island, stating 'TRON will not be permitted to establish bitcoin/crypto currency'. This highlights an official policy of caution and refusal to sanction the industry locally.
The absence of specific regulations could theoretically place it in an "Allowed-Unregulated" category. However, the lack of any official clarification, the territory's reliance on UK law in general (and the evolving nature of UK crypto regulation), the absence of any local financial regulatory body, and the Governor's explicit rejection of a crypto business proposal create a situation of significant ambiguity. It is not clear whether general provisions within existing Pitcairn ordinances (such as the Local Government Ordinance or Currency Ordinance) or applicable UK laws could be invoked in relation to cryptocurrency activities, for example, concerning AML/CFT (Anti-Money Laundering/Countering the Financing of Terrorism) or consumer protection, should such activities occur.
International bodies and regulatory information providers that list countries' crypto stances often omit Pitcairn or do not provide specific details, which further underscores the lack of a clear, defined status. While some search results list "Pitcairn Islands" in long lists of countries related to articles about cryptocurrency regulation or financial services, these appear to be general inclusions of all territories rather than specific analysis of Pitcairn's actual regulatory stance.
Therefore, without explicit permission, prohibition, or specific regulatory guidelines from the Pitcairn government or relevant authorities, and in light of the Governor's restrictive policy actions, the status is best described as "Unclear." This reflects the absence of a dedicated framework, the uncertainty regarding how existing general laws might apply, and the clear policy-level discouragement of crypto business activity. Retail trading exists in a gray zone: not explicitly banned for individuals but operating in an environment of official uncertainty and institutional restriction.
3. Specific, Relevant Text Excerpts:
-
Source: The Official Website of the Government of the Pitcairn Islands - Laws
- Excerpt/Summary: "Pitcairn law comprises (a) laws (called 'ordinances') made by the Governor, (b) United Kingdom legislation and Orders in Council extending to Pitcairn, and (c) the common law, rules of equity, and statutes of general application as in force in England for the time being, so far as local circumstances and the limits of local jurisdiction permit, and subject to any existing or future ordinance (see s 42 of the Pitcairn Constitution)."
- Attribution: Government of the Pitcairn Islands.
- Note: A review of the listed ordinances does not show any specific laws related to cryptocurrency.
-
Source: PROGRAMMING DOCUMENT OF PITCAIRN 11 EUROPEAN DEVELOPMENT FUND (2017)
- Excerpt/Summary: "It [Pitcairn] does not have a banking sector, although the Pitcairn Islands Officer and on-island Treasurer facilitates limited retail banking as a service to islanders, in turn depositing funds in a New Zealand commercial bank. With no currency or banking sector, there is no monetary policy to consider."
- Attribution: European Union.
- Note: This highlights the limited financial infrastructure, making dedicated crypto regulation less likely.
-
Source: Doing Business in Pitcairn Island in 2025 [Expert Guide] - Remote People
- Excerpt/Summary: "All business regulations and government initiatives are based on British laws and overseen by a British-appointed governor, affording businesses on Pitcairn Island legal certainty in the territory." And "Pitcairn law is equally multifaceted, comprising ordinances made by the Governor, UK legislation and Council orders, and English common law."
- Attribution: Remote People.
- Note: This emphasizes the link to UK law, where crypto regulation is still evolving and its extension to Pitcairn is not explicitly detailed.
-
Source: A record Bitcoin haul & crypto comes to the Pitcairn Islands - Coda Story
- Excerpt/Summary: "Fate intervened in the form of a killjoy governor... 'TRON will not be permitted to establish bitcoin/crypto currency'."
- Attribution: Coda Story.
- Note: This news article reports the Governor's explicit rejection of a proposal to establish a cryptocurrency hub on the island, demonstrating a policy-level restriction.
4. Direct, Accessible URL Links to Sources:
- The Official Website of the Government of the Pitcairn Islands - Laws: https://www.government.pn/laws
- The Official Website of the Government of the Pitcairn Islands - Financial Information: https://www.government.pn/financial-information
- The Official Website of the Government of the Pitcairn Islands - Home: https://www.government.pn/
- PROGRAMMING DOCUMENT OF PITCAIRN 11 EUROPEAN DEVELOPMENT FUND (2017): https://ec.europa.eu/europeaid/sites/devco/files/nip-pitcairn-2017-2019-20170919_en.pdf (Note: While the direct link provided in search was a redirect, the original source is typically found on EU official sites related to development funds. The search result provides key excerpts.)
- Doing Business in Pitcairn Island in 2025 [Expert Guide] - Remote People: https://remotepeople.com/country-guides/pitcairn-island/doing-business-on-pitcairn-island/
- The United Nations and Decolonization - Pitcairn: https://www.un.org/dppa/decolonization/en/nsgt/pitcairn
- A record Bitcoin haul & crypto comes to the Pitcairn Islands - Coda Story: https://www.codastory.com/news/pitcairn-crypto-tron-justin-sun/
- Pitcairn Islands Dollar - Wikipedia: https://en.wikipedia.org/wiki/Pitcairn_Islands_dollar
**Report on the Current Status of Retail Cryptocurrency Trading in Pitcairn**
**Date:** 2025-06-26
**Topic:** Retail_Trading_Status
**Description:** Assess whether individual citizens and residents in the country are legally permitted to buy, sell, and hold cryptocurrencies. Detail the regulatory environment surrounding this activity (e.g., KYC/AML requirements imposed on platforms, general warnings issued).
**1. Identified Current Status:**
Unclear
**2. Detailed Narrative Explanation:**
The Pitcairn Islands, a British Overseas Territory with an extremely small population (approximately 42-50 individuals), do not have a specific, publicly documented regulatory framework for retail cryptocurrency trading. The economy of Pitcairn is unique and primarily reliant on tourism, the sale of curios, honey, postage stamps, and ".pn" domain names. Its financial and legal systems are intrinsically linked to the United Kingdom, but it maintains its own set of local ordinances.
There is no evidence of specific legislation or official statements from the Government of the Pitcairn Islands or its administrative bodies (such as the Pitcairn Island Office in Auckland, New Zealand, which handles financial matters) that directly address the legality, regulation, or prohibition of buying, selling, or holding cryptocurrencies by its residents. The official website of the Government of the Pitcairn Islands, which lists its ordinances, does not show any laws pertaining to digital assets or cryptocurrencies.
Pitcairn law is a composite of ordinances made by the Governor, applicable UK legislation and Orders in Council, and English common law, rules of equity, and statutes of general application, so far as local circumstances permit. While the UK has been developing its own regulatory approach to crypto-assets, the direct applicability and specific interpretation of these evolving UK regulations (or the absence thereof) for residents of Pitcairn in the context of retail crypto trading is not explicitly defined.
The Pitcairn Islands do not have a domestic banking sector; limited retail banking services are facilitated through the Pitcairn Islands Office, which deposits funds in a New Zealand commercial bank. There is no local monetary policy. Given this financial infrastructure and the scale of the economy, the development of a bespoke regulatory regime for cryptocurrencies is unlikely to have been a priority.
Notably, the Governor of Pitcairn has taken a firm stance against institutional crypto adoption. In a reported event from 2025 (referencing earlier discussions from 2020), the Governor intervened to reject a proposal by Justin Sun and the TRON network to establish a cryptocurrency hub on the island, stating 'TRON will not be permitted to establish bitcoin/crypto currency'. This highlights an official policy of caution and refusal to sanction the industry locally.
The absence of specific regulations could theoretically place it in an "Allowed-Unregulated" category. However, the lack of any official clarification, the territory's reliance on UK law in general (and the evolving nature of UK crypto regulation), the absence of any local financial regulatory body, and the Governor's explicit rejection of a crypto business proposal create a situation of significant ambiguity. It is not clear whether general provisions within existing Pitcairn ordinances (such as the Local Government Ordinance or Currency Ordinance) or applicable UK laws could be invoked in relation to cryptocurrency activities, for example, concerning AML/CFT (Anti-Money Laundering/Countering the Financing of Terrorism) or consumer protection, should such activities occur.
International bodies and regulatory information providers that list countries' crypto stances often omit Pitcairn or do not provide specific details, which further underscores the lack of a clear, defined status. While some search results list "Pitcairn Islands" in long lists of countries related to articles about cryptocurrency regulation or financial services, these appear to be general inclusions of all territories rather than specific analysis of Pitcairn's actual regulatory stance.
Therefore, without explicit permission, prohibition, or specific regulatory guidelines from the Pitcairn government or relevant authorities, and in light of the Governor's restrictive policy actions, the status is best described as "Unclear." This reflects the absence of a dedicated framework, the uncertainty regarding how existing general laws might apply, and the clear policy-level discouragement of crypto business activity. Retail trading exists in a gray zone: not explicitly banned for individuals but operating in an environment of official uncertainty and institutional restriction.
**3. Specific, Relevant Text Excerpts:**
* **Source:** The Official Website of the Government of the Pitcairn Islands - Laws
* **Excerpt/Summary:** "Pitcairn law comprises (a) laws (called 'ordinances') made by the Governor, (b) United Kingdom legislation and Orders in Council extending to Pitcairn, and (c) the common law, rules of equity, and statutes of general application as in force in England for the time being, so far as local circumstances and the limits of local jurisdiction permit, and subject to any existing or future ordinance (see s 42 of the Pitcairn Constitution)."
* **Attribution:** Government of the Pitcairn Islands.
* **Note:** A review of the listed ordinances does not show any specific laws related to cryptocurrency.
* **Source:** PROGRAMMING DOCUMENT OF PITCAIRN 11 EUROPEAN DEVELOPMENT FUND (2017)
* **Excerpt/Summary:** "It [Pitcairn] does not have a banking sector, although the Pitcairn Islands Officer and on-island Treasurer facilitates limited retail banking as a service to islanders, in turn depositing funds in a New Zealand commercial bank. With no currency or banking sector, there is no monetary policy to consider."
* **Attribution:** European Union.
* **Note:** This highlights the limited financial infrastructure, making dedicated crypto regulation less likely.
* **Source:** Doing Business in Pitcairn Island in 2025 [Expert Guide] - Remote People
* **Excerpt/Summary:** "All business regulations and government initiatives are based on British laws and overseen by a British-appointed governor, affording businesses on Pitcairn Island legal certainty in the territory." And "Pitcairn law is equally multifaceted, comprising ordinances made by the Governor, UK legislation and Council orders, and English common law."
* **Attribution:** Remote People.
* **Note:** This emphasizes the link to UK law, where crypto regulation is still evolving and its extension to Pitcairn is not explicitly detailed.
* **Source:** A record Bitcoin haul & crypto comes to the Pitcairn Islands - Coda Story
* **Excerpt/Summary:** "Fate intervened in the form of a killjoy governor... 'TRON will not be permitted to establish bitcoin/crypto currency'."
* **Attribution:** Coda Story.
* **Note:** This news article reports the Governor's explicit rejection of a proposal to establish a cryptocurrency hub on the island, demonstrating a policy-level restriction.
**4. Direct, Accessible URL Links to Sources:**
* **The Official Website of the Government of the Pitcairn Islands - Laws:** [https://www.government.pn/laws](https://www.government.pn/laws)
* **The Official Website of the Government of the Pitcairn Islands - Financial Information:** [https://www.government.pn/financial-information](https://www.government.pn/financial-information)
* **The Official Website of the Government of the Pitcairn Islands - Home:** [https://www.government.pn/](https://www.government.pn/)
* **PROGRAMMING DOCUMENT OF PITCAIRN 11 EUROPEAN DEVELOPMENT FUND (2017):** [https://ec.europa.eu/europeaid/sites/devco/files/nip-pitcairn-2017-2019-20170919_en.pdf](https://ec.europa.eu/europeaid/sites/devco/files/nip-pitcairn-2017-2019-20170919_en.pdf) (Note: While the direct link provided in search was a redirect, the original source is typically found on EU official sites related to development funds. The search result provides key excerpts.)
* **Doing Business in Pitcairn Island in 2025 [Expert Guide] - Remote People:** [https://remotepeople.com/country-guides/pitcairn-island/doing-business-on-pitcairn-island/](https://remotepeople.com/country-guides/pitcairn-island/doing-business-on-pitcairn-island/)
* **The United Nations and Decolonization - Pitcairn:** [https://www.un.org/dppa/decolonization/en/nsgt/pitcairn](https://www.un.org/dppa/decolonization/en/nsgt/pitcairn)
* **A record Bitcoin haul & crypto comes to the Pitcairn Islands - Coda Story:** [https://www.codastory.com/news/pitcairn-crypto-tron-justin-sun/](https://www.codastory.com/news/pitcairn-crypto-tron-justin-sun/)
* **Pitcairn Islands Dollar - Wikipedia:** [https://en.wikipedia.org/wiki/Pitcairn_Islands_dollar](https://en.wikipedia.org/wiki/Pitcairn_Islands_dollar)
Source Evidence
Primary and secondary sources cited in this analysis
"Pitcairn law comprises (a) laws (called 'ordinances') made by the Governor, (b) United Kingdom legislation and Orders in Council extending to Pitcairn, and (c) the common law, rules of equity, and statutes of general application as in force in England for the time being, so far as local circumstances and the limits of local jurisdiction permit, and subject to any existing or future ordinance (see s 42 of the Pitcairn Constitution)."
"The Pitcairn Islands is a British overseas territory which uses the New Zealand dollar as its primary currency."
"Establishes the Island Council and governance structure; used as the basis for reviewing and rejecting commercial proposals like the 2020/2025 TRON partnership."
"Designates the New Zealand Dollar as the official currency and allows for the issue of commemorative coins; does not recognize cryptocurrency as legal tender."
"It [Pitcairn] does not have a banking sector, although the Pitcairn Islands Officer and on-island Treasurer facilitates limited retail banking as a service to islanders, in turn depositing funds in a New Zealand commercial bank. With no currency or banking sector, there is no monetary policy to consider."
"All business regulations and government initiatives are based on British laws and overseen by a British-appointed governor, affording businesses on Pitcairn Island legal certainty in the territory."
"Fate intervened in the form of a killjoy governor... 'TRON will not be permitted to establish bitcoin/crypto currency'."
"Although the Pitcairn Islands dollar is legal tender... it is not commonly used... uses the New Zealand dollar as its primary currency."
"Provides background on Pitcairn's status as a Non-Self-Governing Territory."
Web Sources (4)
Sources discovered via web search grounding
Search queries used (5)
- Pitcairn Islands cryptocurrency regulation
- Pitcairn Islands anti-money laundering crypto
- Pitcairn Islands Government Ordinance financial services
- Pitcairn Islands legal tender cryptocurrency
- Pitcairn Islands laws virtual assets
https://faolex.fao.org/docs/pdf/pit75221.pdf
https://en.wikipedia.org/wiki/Legality_of_cryptocurrency_by_country_or_territory
https://www.codastory.com/oligarchy/a-record-bitcoin-haul-crypto-comes-to-the-pitcairn-islands/
https://en.wikipedia.org/wiki/Pitcairn_Islands_dollar