Kazakhstan will become the second country regulating the cryptocurrency

Asimmo

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Quote from: maku on July 25, 2017, 07:04:23 AM

Quote from: MakaveliTheDon on July 25, 2017, 05:28:03 AM

All we need now is not for countries to just regulate blockchain tech, but to actually implement it for healthcare, insurance companies, voting systems ...

I doubt anything like that will happen during next 20 years and even if some government will be forward thinking enough to work on blockchain tech it doesn't mean that bitcoin or any other altcoin will gain value.
Not to mention that Kazakhstan is a pretty much insignificant economy and even if they will make cryptocurrency their alternative legal payment method it won't change the big picture, not in the way Japan adoption impacted markets anyway.

Are you sure that Japan "legalisation" didn`t had an effect on crypto currencies?

Prodigan786

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It's really good news for cryptocurrency enthusiasts lots of countries adopting blockchain technology recently South Korea legalised bitcoin lots of Asian countries moving towards this.

relest

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As I understand, Kazakhstan is going to make tax breaks for the blockchain startups, ICO's in the Astana financial center. This center is like a separate country in the country

wbulot

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I don't understand the meaning of "regulating a cryptocurrency".
In all countries there is services that accept Bitcoin/Altcoin as payment method. Are they Illegal ?

maku

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Quote from: MakaveliTheDon on July 25, 2017, 05:28:03 AM

All we need now is not for countries to just regulate blockchain tech, but to actually implement it for healthcare, insurance companies, voting systems ...

I doubt anything like that will happen during next 20 years and even if some government will be forward thinking enough to work on blockchain tech it doesn't mean that bitcoin or any other altcoin will gain value.
Not to mention that Kazakhstan is a pretty much insignificant economy and even if they will make cryptocurrency their alternative legal payment method it won't change the big picture, not in the way Japan adoption impacted markets anyway.

Spoetnik

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FUD Philanthropist™

Oh really mr sleazy ass bullshit TOR / Onion i don't pay my taxes guy LOL
Me ?
I was warning you.. so you don't get arrested.

You are welcome chucklefuck profiteer.

I am not the NOOB nor am i advertising an illegal scam coin in my SIG. Roll Eyes

Maybe i should just keep creating new accounts every five minutes like thew rest of you shitbirds ?

Nebell

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Quote from: Spoetnik on July 25, 2017, 06:14:52 AM

Quote from: pearlmen on July 25, 2017, 06:01:19 AM

Quote from: relest on July 24, 2017, 12:34:40 AM

The Astana International Financial Center has announced the creation of a working group together with Deloitte, Waves, Juscutum, and Kesarev Consulting to develop an ecosystem to enable blockchain solutions for the CIS region.

Independent legal and regulatory framework based on the English common law principles, and the Fintech regulatory Sandbox, a special regime for innovative projects within the Astana International Financial Center, are unique advantages for attracting capital to different projects from around the world.

http://wavescommunity.com/waves-helps-kazakhstan-to-become-the-second-country-regulating-the-cryptocurrency/

This is exactly what will happen after all whether we like it or not and I am happy that the country is starting its own race early sooner or later other countries will join in and its because they have come to realise that there is no stopping of the crypto market and its increasing on a daily basis. The way out is to shut the internet which is something I don't think any government can afford to do at this time. For countries not ready, citizens should continue enjoying tax free income.

What a colossal load of bullshit.

Tax free ?
WOW admit tax fraud on a forum much ?
http://www.coindesk.com/irs-bitcoin-tax-guidelines-mean/
http://www.coindesk.com/canada-revenue-agency-tax-rules-apply-bitcoin/

I bet half of you here are guilty and just haven't been caught yet Cheesy

You don't seem very... how should I put it... trustworthy Grin

Screw tax. The government does a piss poor job with it anyway.

Spoetnik

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FUD Philanthropist™

Quote from: pearlmen on July 25, 2017, 06:01:19 AM

Quote from: relest on July 24, 2017, 12:34:40 AM

The Astana International Financial Center has announced the creation of a working group together with Deloitte, Waves, Juscutum, and Kesarev Consulting to develop an ecosystem to enable blockchain solutions for the CIS region.

Independent legal and regulatory framework based on the English common law principles, and the Fintech regulatory Sandbox, a special regime for innovative projects within the Astana International Financial Center, are unique advantages for attracting capital to different projects from around the world.

http://wavescommunity.com/waves-helps-kazakhstan-to-become-the-second-country-regulating-the-cryptocurrency/

This is exactly what will happen after all whether we like it or not and I am happy that the country is starting its own race early sooner or later other countries will join in and its because they have come to realise that there is no stopping of the crypto market and its increasing on a daily basis. The way out is to shut the internet which is something I don't think any government can afford to do at this time. For countries not ready, citizens should continue enjoying tax free income.

What a colossal load of bullshit.

Tax free ?
WOW admit tax fraud on a forum much ?
http://www.coindesk.com/irs-bitcoin-tax-guidelines-mean/
http://www.coindesk.com/canada-revenue-agency-tax-rules-apply-bitcoin/

I bet half of you here are guilty and just haven't been caught yet Cheesy

pearlmen

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Quote from: relest on July 24, 2017, 12:34:40 AM

The Astana International Financial Center has announced the creation of a working group together with Deloitte, Waves, Juscutum, and Kesarev Consulting to develop an ecosystem to enable blockchain solutions for the CIS region.

Independent legal and regulatory framework based on the English common law principles, and the Fintech regulatory Sandbox, a special regime for innovative projects within the Astana International Financial Center, are unique advantages for attracting capital to different projects from around the world.

http://wavescommunity.com/waves-helps-kazakhstan-to-become-the-second-country-regulating-the-cryptocurrency/

This is exactly what will happen after all whether we like it or not and I am happy that the country is starting its own race early sooner or later other countries will join in and its because they have come to realise that there is no stopping of the crypto market and its increasing on a daily basis. The way out is to shut the internet which is something I don't think any government can afford to do at this time. For countries not ready, citizens should continue enjoying tax free income.

HardFireMiner

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Yeah right, everything else in Kazakhstan is regulated and doing great, just need to regulate the crypto currencies Cheesy

.

This is a joke.

VanDeinsberg12

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Quote from: MakaveliTheDon on July 25, 2017, 05:28:03 AM

All we need now is not for countries to just regulate blockchain tech, but to actually implement it for healthcare, insurance companies, voting systems ...

THe tech can't be regulated but the country just try to aim the thing has used by a lot of people right now such as crypto currency. blockchain just a system and you can't blame it. The real implementation of the blockchain still on the research.

MakaveliTheDon

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All we need now is not for countries to just regulate blockchain tech, but to actually implement it for healthcare, insurance companies, voting systems ...

Spoetnik

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FUD Philanthropist™

Nope..

China was in the news in 2013 and so was Russia.
Then in 2013 USA and Canada implemented crypto coin tax laws.
Then the USA agency FiNCEN fined Ripple and the FBI arrested guys using Bitcoin via LocalBitcoins in 2013.
Later the USA's SEC issued a warning to investors.
I could go on..

No idea where you have been buddy but.. LOL

niisarearning

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Recently i seen south korea regulated bitcoin now its turn to kazakistan most asian countries are adopting crypto currency its really good move india also on its way to regulate completely good days ahead.

bitcoinvestor

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I think Kazhaktan govt take the right decision. First, they will not dependent to euro and dollar. That 's abig jump for developing countries. If crypto can be used and investation instrument officially in the state , I think kahazaktan can make ICO for their investment plan.

slaman29

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Quote from: larks500 on July 24, 2017, 02:30:43 AM

As I remember Kzakhstan's guys very like to involve Big4 consultants to different projects without any result. I'm afraid that it is one more scheme for government money spending.

That's the problem with involving all these so-called reputable auditors. The Big Four have all had a series of terrible scandals take them apart, from fraud to tax evasion. Outright scammers, fined millions and still not in jail. More waste of public money, rich guys laughing to the bank.

Calangaman

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Quote from: Bes19 on July 24, 2017, 09:38:27 AM

Wow that would be great! I really hope Philippines would accept bitcoin as a payment but i think that is impossible for now. If ever they would do that, for sure they'll give higher tax on it. Crypto-currency will run the world in the near future!

I think we are only a few years away before the Filipinos living abroad send bitcoins back home instead of being ripped off by Western Union...

A company called Abra is working on that

BluRPie

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I really dont understand what does it mean regulation of cryptocurrency. It is really impossible. You can only legalise or prohibit use of cryptography or prohibit to exchange of goods on information...etc

Bes19

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Wow that would be great! I really hope Philippines would accept bitcoin as a payment but i think that is impossible for now. If ever they would do that, for sure they'll give higher tax on it. Crypto-currency will run the world in the near future!

SvenBomvolen

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Kazakhstan is well known fast developing country. I would like we in Serbia have such president who would really work for the people and the country. Respect!

Topic: Kazakhstan will become the second country regulating the cryptocurrency (Read 966 times)