An event expected to involve the distribution of bitcoin to 70,000 residents of the Dominican Republic has been canceled.
Originally scheduled for 14th March, The Bit Drop was billed as an island-wide party that would include free giveaways and educational booths, alongside more eclectic fare such as fire dancing and musical acts.
The decision was confirmed by The Bit Drop Organising Committee, which cited “country-specific logistical decisions” as the reason for the cancellation.