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Topic: marshall islands is making a cryptocurrency (Read 151 times)

newbie
Activity: 42
Merit: 0
February 28, 2018, 09:38:43 AM
#2
i hope it will help solve tax issues all around the world but i assume that we will need a stronger country than Marshall island to have an affect over the world.
newbie
Activity: 42
Merit: 0
February 28, 2018, 08:56:08 AM
#1
hi!

have you heard about Marshall islands plan to use a state concurrency.

read about it here - https://www.bloomberg.com/news/articles/2018-02-28/marshall-islands-preparing-a-cryptocurrency-two-officials-say

i think that they are the first ones too embrace a token instead of Fiat (ok. except Venezuela). to my understanding that could affect the way countries look and declare what cryptocurrencies are all about. for example if being taxed as a coin like an investment in USD or like property and that should affect tax paid for profits.

we need more countries to start considering the use of crypto as an actual coin and that might affect the Tax point of view on those assets.

do you think it could help?
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