Coordinates: 15°16′00″S 167°11′00″E / 15.26667°S 167.18333°E / -15.26667; 167.18333

Lataro

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Lataro
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Geography
LocationPacific Ocean
CoordinatesLua error in Module:Coordinates at line 489: attempt to index field 'wikibase' (a nil value).
ArchipelagoVanuatu
Area3.22 km2 (1.24 sq mi)
Highest elevation88 m (289 ft)
Administration
ProvinceSanma Province
Demographics
Population0[1] (2015)
Ethnic groupsNone

Lataro (alternate names: Litaro or Satoshi Island or Pilot Island) is an uninhabited island in Sanma Province of Vanuatu in the Pacific Ocean.[2][3][4]

Geography

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Lataro lies in Shark Bay off the eastern coast of Espiritu Santo and is flat.[5] The highest point of the island is 88 meters above the sea level. The island spans 1.9 km from the north to the south and 2.3 km from the east to the west.

History

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The island has been leased by Anthony Welch, a retired British property investor, since 2007 under a 75-year lease.[6]

In 2022, a Marshall Islands based DAO (Decentralized Autonomous Organization) headed by Denys Troyak was granted a license to use the island for a Crypto currency based development. At the same time, the island was unofficially renamed Satoshi Island in honor of Satoshi Nakamoto, the inventor of bitcoin. The island was to be turned into a home for bitcoin investors.[7][8]

In July 2025, trading in Satoshi Island digital assets was suspended by the DAO "due to failure to comply with key terms of the land lease".[9]

References

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  7. ^ “Bitcoin paradise? Briton creates ‘crypto utopia’ in South Pacific”. The Guardian, 12 Feb 2022.
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