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Title: [2014-07-11] BBC: Jersey approves first regulated Bitcoin fund Post by: LiteCoinGuy on July 11, 2014, 10:50:44 AM Jersey approves first regulated Bitcoin fund
The Global Advisors Bitcoin Investment Fund (GABI) has been certified by the Jersey Financial Services Commission to run from 1 August. Daniel Masters said Jersey's regulatory system meant major investors, such as pension and insurance companies, could invest in Bitcoin for the first time. ... "For institutions there are no options right now," he said. "This is institutional strength and it's an absolute world first." http://www.bbc.co.uk/news/world-europe-jersey-28247796 Title: Re: [2014-07-11] BBC: Jersey approves first regulated Bitcoin fund Post by: Mr Tea on July 11, 2014, 12:15:12 PM Jersey loves avoiding paying taxes lol.
Title: Re: [2014-07-11] BBC: Jersey approves first regulated Bitcoin fund Post by: yatsey87 on July 11, 2014, 12:16:38 PM They really do :D. It's good to know that they got the go ahead. I remember reading a few articles a while back that mentioned Jersey could become a hub for bitcoin activity due to it's tax heaven situation. I'm sure there will be lots more bitcoin businesses getting involved with Jersey over the year.
Title: Re: [2014-07-11] BBC: Jersey approves first regulated Bitcoin fund Post by: LiteCoinGuy on July 11, 2014, 12:30:57 PM They really do :D. It's good to know that they got the go ahead. I remember reading a few articles a while back that mentioned Jersey could become a hub for bitcoin activity due to it's tax heaven situation. I'm sure there will be lots more bitcoin businesses getting involved with Jersey over the year. yeah, that was only 2-3 weeks ago ;) Title: Re: [2014-07-11] BBC: Jersey approves first regulated Bitcoin fund Post by: yatsey87 on July 11, 2014, 12:38:32 PM They really do :D. It's good to know that they got the go ahead. I remember reading a few articles a while back that mentioned Jersey could become a hub for bitcoin activity due to it's tax heaven situation. I'm sure there will be lots more bitcoin businesses getting involved with Jersey over the year. yeah, that was only 2-3 weeks ago ;) Was it? Seems like longer than that. I think time moves fast in cyrptoworld. Can;t believe half a year has gone by already. I thought bitcoin would be twice the price it is now and have twice the merchants, though I think we're getting their slowly but surely on the merchant front. Title: Re: [2014-07-11] BBC: Jersey approves first regulated Bitcoin fund Post by: LiteCoinGuy on July 11, 2014, 02:58:20 PM They really do :D. It's good to know that they got the go ahead. I remember reading a few articles a while back that mentioned Jersey could become a hub for bitcoin activity due to it's tax heaven situation. I'm sure there will be lots more bitcoin businesses getting involved with Jersey over the year. yeah, that was only 2-3 weeks ago ;) Was it? Seems like longer than that. I think time moves fast in cyrptoworld. Can;t believe half a year has gone by already. I thought bitcoin would be twice the price it is now and have twice the merchants, though I think we're getting their slowly but surely on the merchant front. crypto-time is 10times faster ;) the ecosystem needs time to grow. lets be patient. Title: Re: [2014-07-11] BBC: Jersey approves first regulated Bitcoin fund Post by: nwfella on July 11, 2014, 03:28:21 PM This is great news! As more and more of these bitcoin islands of paradise pop up more and more bitcoin-oriented businesses will start leaving the stricter regulatory geographies for virtual paradises across the world.
Title: Re: [2014-07-11] BBC: Jersey approves first regulated Bitcoin fund Post by: ThomasCrowne on July 11, 2014, 05:10:30 PM I think I remember reading somewhere that Bali was considering adopting policies along similar lines to Jersey.
Title: Re: [2014-07-11] BBC: Jersey approves first regulated Bitcoin fund Post by: CryptInvest on July 11, 2014, 07:59:26 PM Excellent news! Little appreciation goes Naver against this background
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