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Title: What's currently the most 'bitcoin' friendly country in the world? Post by: shamntalk on March 19, 2013, 09:21:08 PM ... so I can move there... kidding, kidding.
But seriously, in the wake of the FinCEN announcement, is there any legal precedent in some countries that would indicate that the are either: - unlikely to take action against bitcoin - or (better), like to continue see it as 'baseball cards' or 'coupon'-like? Thank you Title: Re: What's currently the most 'bitcoin' friendly country in the world? Post by: inge on March 20, 2013, 07:35:29 PM In Europe, as far as I can see right now, Bitcoins are just tolerated. Personally I would not have such a problem with an announcement as the one the finCEN did in the US. It would put Bitcoins agents in a clarified position towards legal issues.
Regards, Inge Title: Re: What's currently the most 'bitcoin' friendly country in the world? Post by: Surpbitcoin on March 20, 2013, 07:35:56 PM Canada
Title: Re: What's currently the most 'bitcoin' friendly country in the world? Post by: nikkisnowe on March 20, 2013, 07:47:47 PM What did everyone on the bitcoin forum expect? I've seen so many posters complaining about fincen defining a virtual currency as if it was SO horrible. What did you expect? Bitcoin is a store of value that can be converted into US dollars. Do you expect the agency charged with protecting against money laundering to not address virtual currencies? This was bound to happen. If I had to bet, my guess that there will be a tax imposed on all exchanges between bitcoin and US dollars. Get ready for it now.
Title: Re: What's currently the most 'bitcoin' friendly country in the world? Post by: Manticore on March 21, 2013, 03:31:51 PM This is moot point if US clients are involved (IMO, not legal advice): https://bitcointalk.org/index.php?topic=155563.msg1652737#msg1652737
MSB/MT registration, as annoying as it is, is by no means insurmountable. On the contrary, it looks to be fairly easy. The AML requirements are NOT a big deal. If it's the same AML requirements that investment funds and brokerages must complete, one simply takes a yearly online test (fill in the blank, not really a test at all). Record keeping is not daunting.....it all sounds much more ominous than it is. I say this without having direct experience with MSB/MT regulations. I do know a little about the fund world, though. MSBs may have a slightly different set of requirements.... Title: Re: What's currently the most 'bitcoin' friendly country in the world? Post by: J.Socal on March 24, 2013, 10:09:47 AM http://online.wsj.com/article/SB10001424127887324373204578374611351125202.html
Title: Re: What's currently the most 'bitcoin' friendly country in the world? Post by: Big Time Coin on March 25, 2013, 04:18:32 AM http://online.wsj.com/article/SB10001424127887324373204578374611351125202.html thanks for link |