#LitecoinETF Breaking news! The Litecoin Foundation has just announced on Twitter that the first Litecoin ETF has been listed and recognized in the Canary Islands.
The Canary Islands, with a population of around 2.24 million, have a GDP per capita of about 18,990 euros as of 2021, with tourism contributing to 40% of the economy. Additionally, the informal economy, which includes undeclared and illegal activities, represents around 17.9% of the GDP, totalling over 8 billion euros annually. This informal sector operates outside of the tax system, often involving tax evasion and money laundering activities.
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