the around the globe, across all topics: regulatory-ECHO we reflect on this week, the Brexit, the rigorous approach of the Danish tax authority SKAT against crypto-investors, the Status quo in South Africa and Venezuela are doing here is something that is.
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19. January 2019BTC$3.698,34 2.88%part Facebook Twitter LinkedIn xing mail
The most Important thing at the beginning:
What makes the Brexit with crypto?
What happens to Bitcoin if the British establish the facts and to exit the EU? Probably not very much, of course, showed up in the past of political events largely unimpressed. At that time China could not even with a veritable FUD-attack on BTC & co. (2017, it refused to tolerate crypto-Exchanges) the municipality call impress value.
crypto is not likely to overthrow the Brexit to the Chaos. But what is with the developments at the ICO and Blockchain-market? Here you have to look to the South. Because on the British overseas territory of Gibraltar, a whole series of Start-up projects in the area of crypto and Blockchain romp for quite some time. The benevolent regulatory in country makes it possible. Gibraltar should leave, however, with the British core area on the island of the EU, it should be to the Forefront of events.
For locations such as Liechtenstein and Malta could get – both countries with a block chain-friendly-regulatory – back wind. More information can be found in the comment.
Denmark: crypto-community under General suspicion
meanwhile, the Danish tax authority SKAT Bitcoin-investors under a General suspicion and calls of three unknown Exchanges, the publication of the user data. In the run-up to it had become known that the Danish state were citizens of their tax liability allegedly well. The crypto-business in Finland.
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The Agency wants to be in the next few days with the Bitcoin exchanges on the formalities of Data agree; up to the summer of the black sheep are to be determined then.
Sometime in Africa
The characters for a quick Bitcoin-adaptation on the African continent. In Zimbabwe, a country with a, to say the least dysfunktionalem currency regime would be Bitcoin is now more popular than the country’s currency, if the government would not close the Exchanges.
In South Africa it is a moderate on the subject. The government of the country had installed at the beginning of 2018, a Financial Action Task Force (FATF). The expert panel should take account of the proposals, such as the new market was to be regulated. Although the final report will only be available in February of this year, are the first results known.
So crypto should be-firm in duty, the common KYC – and AML-guidelines. Furthermore, the panel recommends that binding rules for the protection of crypto-investors – with side views of the discredited ICOs.
Venezuela: Maduro, Central Bank,
To throw last, we have another (desperate) look to South America. In Venezuela, the clouds become darker and darker: The economy is down, crime is rising and the currency is worth nothing. Nicolás Maduro, the successor to the iconic leader Hugo Chávez, wanted dimensions of the latter Problem is known to be a government-issued crypto currency get a grip; that failed so far on all along the line. Now, Maduro raised the exchange rate to the analog counterpart. A Petro is now the 36,000 Venezuelan Bolivar value. To the galloping Inflation, nothing will change. More on this here.
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One can only hope that the economy of the country is consolidated in a timely manner. With halbgarem tinkering with the exchange rates of the country of the currencies are nothing. The Venezuelan Exodus continues, meanwhile, unceasingly.
