Swiss Bank, Germany and Austria investment into digital currencies
After the launch of its product for Swiss investors who are expecting a positive price change for the transparent trading Bitcoin at SIX Swiss Exchange for the first time, the Swiss bank Vontobel has its Bitcoin certificate in Germany and Austria expanded.
According to Heiko Geiger, Head of Public Distribution in Europe, the tracker certificate offers investors a simple way to invest in digital money and the ability to participate in the USD price evolution without its own Bitcoins themselves.
We see a huge interest in Bitcoin as an asset class. So we launched the product for the German / Austrian market, too. Germany is one of the largest and most sophisticated structured products market and is one of Vontobel's markets for discussion.
The certificate is a simple and cost-effective asset that is particularly suitable for investors who anticipate an increase in the acceptance and importance of Bitcoin as a means of payment and as an alternative currency.
Topic: Central Bank Japan Believes Blockchain ethereum Could Create Tax Issues (Read 792 times)
November 24, 2016, 12:42:40 AM
November 23, 2016, 12:32:08 PM
In addition, if FinTech stimulates economic transactions on the Internet and smart phones like DLT enterprise applications, it can become increasingly difficult to place the physical "place" where transactions and identify question. This could lead to a variety of issues, including those related to regulation and taxation.
That was the main goal of crypto. To create "issues" for dictators and taxing thieves.
Yes it sure is. It is an exceptionally good feature and not am impediment for the success of cryptocoins. Maybe people in the community clearly have lost the main issue here because they want their favorite coin to be adopted by the world and the effect of this would be to increase their value. In short, greed has made them lost from the real agenda.
I think several governments are already worried about the popularity of cryptocurrency,that someday fiat transaction will be affected. Worried also that government collection might decline that is why he is raising question on taxation issues. I think the only way they can do is to regulate and implement taxation or fees.
November 23, 2016, 11:52:30 AM
Japan seem very anal about bitcoin. With their diluded masses who knows what will happen. The japanese are kinda conservative. Which is another word for stupid. The hoberments wants ita grunby paws in on the bitcoin trend. Typical greed. They feel threatened.
November 21, 2016, 11:03:50 AM
The central bank of Sweden is considering the issuance of a private digital ekrona currency, in an effort to remedy the significant decline in the use of money in the country.
First revealed in a Financial Times report, could introduce the Swedish Riksbank and the issuance of a private digital currency before the beginning of the decade. As the report shows, Sweden has experienced a rapid decline in the use of physical cash - both coins and notes - in recent times. Circulation has fallen by 40% since 2009, which Riksbank choice than to find an alternative. A large number of Swedes have money for cards and other forms of digital payments - applications, e-transfers, etc. - which makes it an out-of-competition candidate as a free cash company.
First revealed in a Financial Times report, could introduce the Swedish Riksbank and the issuance of a private digital currency before the beginning of the decade. As the report shows, Sweden has experienced a rapid decline in the use of physical cash - both coins and notes - in recent times. Circulation has fallen by 40% since 2009, which Riksbank choice than to find an alternative. A large number of Swedes have money for cards and other forms of digital payments - applications, e-transfers, etc. - which makes it an out-of-competition candidate as a free cash company.
November 21, 2016, 06:35:21 AM
In addition, if FinTech stimulates economic transactions on the Internet and smart phones like DLT enterprise applications, it can become increasingly difficult to place the physical "place" where transactions and identify question. This could lead to a variety of issues, including those related to regulation and taxation.
That was the main goal of crypto. To create "issues" for dictators and taxing thieves.
Oh god, the crypto was making a lot of issues everywhere for the banking institution.I need link OP.
November 21, 2016, 06:25:34 AM
In addition, if FinTech stimulates economic transactions on the Internet and smart phones like DLT enterprise applications, it can become increasingly difficult to place the physical "place" where transactions and identify question. This could lead to a variety of issues, including those related to regulation and taxation.
That was the main goal of crypto. To create "issues" for dictators and taxing thieves.
Yes it sure is. It is an exceptionally good feature and not am impediment for the success of cryptocoins. Maybe people in the community clearly have lost the main issue here because they want their favorite coin to be adopted by the world and the effect of this would be to increase their value. In short, greed has made them lost from the real agenda.
Indeed.
November 21, 2016, 03:52:15 AM
A good way to combat this would be to implement protocol taxes like mining taxes. I believe the case of double taxation might lead to favourable outcomes for cryptocurrency in other ways government lift or ease the taxation of gains derived from crypto to allow innovation.
Right now the tax situation is ridiculous and complex. I don't see how ordinary people will bother with an accountant which is bad since one of Bitcoins goal was micropayments
Right now the tax situation is ridiculous and complex. I don't see how ordinary people will bother with an accountant which is bad since one of Bitcoins goal was micropayments
November 20, 2016, 10:23:28 PM
In addition, if FinTech stimulates economic transactions on the Internet and smart phones like DLT enterprise applications, it can become increasingly difficult to place the physical "place" where transactions and identify question. This could lead to a variety of issues, including those related to regulation and taxation.
That was the main goal of crypto. To create "issues" for dictators and taxing thieves.
Oh god, the crypto was making a lot of issues everywhere for the banking institution.I need link OP.
will see about it later and i hope its not make down for the price. if this is really happen, then the other government will thinking that all crypto currency maybe can be add taxes when we save it in our wallet and for sending and receiving the coins.
This just panic taste from them. For adding the tax to the cryptocurrency isn't easy.
It will become shock therapy for them.
Even some release their own crypto, this is will not giving anything for bitcoin because the building structure is same with the old.
November 20, 2016, 09:01:50 PM
In addition, if FinTech stimulates economic transactions on the Internet and smart phones like DLT enterprise applications, it can become increasingly difficult to place the physical "place" where transactions and identify question. This could lead to a variety of issues, including those related to regulation and taxation.
That was the main goal of crypto. To create "issues" for dictators and taxing thieves.
Yes it sure is. It is an exceptionally good feature and not am impediment for the success of cryptocoins. Maybe people in the community clearly have lost the main issue here because they want their favorite coin to be adopted by the world and the effect of this would be to increase their value. In short, greed has made them lost from the real agenda.
November 20, 2016, 09:01:21 AM
In addition, if FinTech stimulates economic transactions on the Internet and smart phones like DLT enterprise applications, it can become increasingly difficult to place the physical "place" where transactions and identify question. This could lead to a variety of issues, including those related to regulation and taxation.
That was the main goal of crypto. To create "issues" for dictators and taxing thieves.
Oh god, the crypto was making a lot of issues everywhere for the banking institution.I need link OP.
will see about it later and i hope its not make down for the price. if this is really happen, then the other government will thinking that all crypto currency maybe can be add taxes when we save it in our wallet and for sending and receiving the coins.
November 20, 2016, 04:55:06 AM
In addition, if FinTech stimulates economic transactions on the Internet and smart phones like DLT enterprise applications, it can become increasingly difficult to place the physical "place" where transactions and identify question. This could lead to a variety of issues, including those related to regulation and taxation.
That was the main goal of crypto. To create "issues" for dictators and taxing thieves.
Oh god, the crypto was making a lot of issues everywhere for the banking institution.I need link OP.
November 20, 2016, 03:50:40 AM
In addition, if FinTech stimulates economic transactions on the Internet and smart phones like DLT enterprise applications, it can become increasingly difficult to place the physical "place" where transactions and identify question. This could lead to a variety of issues, including those related to regulation and taxation.
That was the main goal of crypto. To create "issues" for dictators and taxing thieves.
November 19, 2016, 05:03:12 PM
BoJ believes Block the chain could create tax problems The growth of the use of both digital currencies and the regulation of books distributed and could keep implications of monetary policy, a senior official of the Bank of Japan said today.
Speaking at a FinTech event at Tokyo Univeristy, Bank of Japan Deputy Governor Hiroshi Nakaso noted on the benefits and risks of increasing digitization of financial services. In particular, he noted that the use of distributed books could lead to confusion between regulators where the fully electronic registries are kept.
In addition, if FinTech stimulates economic transactions on the Internet and smart phones like DLT enterprise applications, it can become increasingly difficult to place the physical "place" where transactions and identify question. This could lead to a variety of issues, including those related to regulation and taxation.
Speaking at a FinTech event at Tokyo Univeristy, Bank of Japan Deputy Governor Hiroshi Nakaso noted on the benefits and risks of increasing digitization of financial services. In particular, he noted that the use of distributed books could lead to confusion between regulators where the fully electronic registries are kept.
In addition, if FinTech stimulates economic transactions on the Internet and smart phones like DLT enterprise applications, it can become increasingly difficult to place the physical "place" where transactions and identify question. This could lead to a variety of issues, including those related to regulation and taxation.
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