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Title: [2013-12-09] Swiss Lawmakers Propose Treating Bitcoin as Foreign Currency Post by: LiteCoinGuy on December 09, 2013, 08:47:12 PM Swiss Lawmakers Propose Treating Bitcoin as Foreign Currency
The Swiss Parliament is considering a postulate that asks for bitcoin to be treated as any other foreign currency. The goal of the postulate, introduced by representative Thomas Weibel, is to eliminate ambiguities and increase legal certainty related to bitcoin. ... If all goes as planned, bitcoin could be practically recognized by Switzerland as a legitimate foreign currency. The move would drastically reduce legal uncertainty for bitcoin users, at least in Switzerland, namely the Swiss banking sector. It would allow Swiss authorities to apply existing foreign currency legislation to bitcoin and other digital currencies. http://www.coindesk.com/swiss-lawmakers-bitcoin-foreign-currency/ would be a clever step for a land which is only wealthy because of the money from europe / world ;-) Title: Re: [2013-12-09] Swiss Lawmakers Propose Treating Bitcoin as Foreign Currency Post by: FeedbackLoop on December 09, 2013, 08:49:00 PM Very smart move for Switzerland indeed and a huge turn around since this: https://bitcointalk.org/index.php?topic=296772.20 Title: Re: [2013-12-09] Swiss Lawmakers Propose Treating Bitcoin as Foreign Currency Post by: PatMan on December 10, 2013, 03:24:02 AM Bitcoin - the currency of Webzland ;D
Title: Re: [2013-12-09] Swiss Lawmakers Propose Treating Bitcoin as Foreign Currency Post by: TraderTimm on December 10, 2013, 07:56:48 PM This would stop those "Bitcoin isn't a unit of account" idiots in their tracks. I certainly hope they pass it.
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