Author

Topic: [2014-07-09] Leaprate: Switzerland's FINMA grants first Bitoin Trader license (Read 812 times)

full member
Activity: 182
Merit: 100
I wonder how big this news actually is considering everything is safe and sound over there. Maybe some rich folks will see a novelty in it and say let me get some coins. Heck, if we continue to out-pace gold it would seem like they would want to.

Well... I did read something saying that Bitcoin wallets may soon replace Swiss bank accounts for anonymous stores of immense welath... (Dang, I can't remember where I read it)
Youtube it or it didn't happen. Grin Seriously, if that is true and the "immense wealth" crowd over there want a piece then all this good news can keep on stacking far into the future and it's game over for fiat.

I can almost see the headlines:

BITCOIN RISES BY 500%

SWISS BASED EXCHANGE X STOCK SOARS

GOV'T EMBEZZLEMENT CASE, FUNDS CANNOT BE TRACED
legendary
Activity: 1568
Merit: 1001
I wonder how big this news actually is considering everything is safe and sound over there. Maybe some rich folks will see a novelty in it and say let me get some coins. Heck, if we continue to out-pace gold it would seem like they would want to.

Well... I did read something saying that Bitcoin wallets may soon replace Swiss bank accounts for anonymous stores of immense welath... (Dang, I can't remember where I read it)
Youtube it or it didn't happen. Grin Seriously, if that is true and the "immense wealth" crowd over there want a piece then all this good news can keep on stacking far into the future and it's game over for fiat.
full member
Activity: 182
Merit: 100
I wonder how big this news actually is considering everything is safe and sound over there. Maybe some rich folks will see a novelty in it and say let me get some coins. Heck, if we continue to out-pace gold it would seem like they would want to.

Well... I did read something saying that Bitcoin wallets may soon replace Swiss bank accounts for anonymous stores of immense welath... (Dang, I can't remember where I read it)
legendary
Activity: 1568
Merit: 1001
I wonder how big this news actually is considering everything is safe and sound over there. Maybe some rich folks will see a novelty in it and say let me get some coins. Heck, if we continue to out-pace gold it would seem like they would want to.
sr. member
Activity: 294
Merit: 250


http://leaprate.com/2014/06/23/switzerlands-finma-grants-first-bitcoin-trader-license-to-sebx-deems-bitcoin-a-means-of-payment/

Quote
Switzerland, the land of traditional and extremely safe banking institutions, heralded by high net worth investors worldwide as a safe haven for untold wealth, has taken a somewhat unorthodox step toward the acceptance of virtual currencies as a means of payment. SBEX, an acronym for Swiss Bitcoin Exchange, has been authorized by national regulatory authority FINMA.

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