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Hola Alguien me puede informar como va el proceso en Malta?
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concerning to buying and selling cryptos, I would like to know if you 2gether are going to inform Spanish Authorities in matter of taxes. I mean if no, we all should write it down each and every crypto operation in order to be able to declare gain/loss at the end of the economical year in the well known spanish IRPF.
If you are using the profit to buy something with the card then you don't need to report to the Spanish TAX authority. On the other hand, if you are cashing out EURO via ATM, you are depositing EURO to your bank account or you buy and sell crypto you should report it. I another word if you use crypto like you could use Dollar then you don't need to report it Well.. I do not agree. Imagine you buy 10 eur in BTC, you store them in your wallet and after one week you use them to buy a 11 eur thing paying with the card because BTC value has risen. So you have gotten 10% profit, so you have to pay taxes for that, in the case of Spain, 19% so 0.19€. Am I wrong? Tu summarizes the answer we got from a Spanish specialist: - According to a European Union Court of Justice (ECJ) ruling in 2015, bitcoin (hence any cryptocurrency) is considered as any other means of payment
- As such, capital gains tax only applies when you sell your crypto back to euros. In that case, it should be treated as any currency / forex investment
- Hence, if you spend your crypto from your card, no taxes would apply. It is like if I buy pounds today, I wait 6 months and then I go to the UK and spend them. It doesn´t matter if the price of the pound has doubled, I don´t pay any tax.
Of course, each country is sovereign and could have local rulings or even laws that could differ from this, but this is the general rule that we can share with the clients. My recommendation is that if you are going to move significant amounts of euros and change them to Bitcoin, then pay with the card from the BTC or ETH wallet, the logical thing is to save the transactions of these operations in case the day of tomorrow You need to justify it before the Public Treasury.
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The Maltese regulator, MFSA, has created a test of financial instruments that helps classify tokens in three key categories: Utility Token Usually considered a virtual token Security token It is usually captured under MiFID II and the Local Investment Services Law, and is therefore considered a financial instrument. Virtual financial asset (VFA). Tokens that can not be considered or electronic money, virtual tokens or security tokens. if 2GT is about coverting in a VFA. My question if there is currently any token that is treated like this or 2Gether will be the first one.
There are already other VFA approved tokens afaik, Axpire announced they became one not long ago It's impossible, Malta has not approved any initial offering of virtual financial assets (IVFAO), yet! the announcement is ambiguous stating "we’re excited to share the fact that the AXPR token has been deemed by a well respected and in dependent Maltese law firm to be a ‘Virtual Financial Asset’" https://medium.com/@aXpire/axpr-achieves-vfa-status-in-malta-ef6129a1dc86I'm guessing the law firm said they passed the test to be a VFA according to the Maltese Virtual Instrument test. We also pass the test according to our lawyer! But this doesn't make us a full IVFAO nor AXPR... I hope this clarifies it! That's why I opened the comment. It does not exist to date as virtual financial assets (IVFAO). The announcement was March and evidently if it were real. Those are the differences that make projects and their teams advance. Publishing ambiguous information causes projects to stagnate. That's why we will come to the moon.
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The Maltese regulator, MFSA, has created a test of financial instruments that helps classify tokens in three key categories: Utility Token Usually considered a virtual token Security token It is usually captured under MiFID II and the Local Investment Services Law, and is therefore considered a financial instrument. Virtual financial asset (VFA). Tokens that can not be considered or electronic money, virtual tokens or security tokens. if 2GT is about coverting in a VFA. My question if there is currently any token that is treated like this or 2Gether will be the first one.
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Can someone tell me of the team if soon in marketing we are going to have DISCORD with 2gether? THANKS
Friend my personal opinion is that it is essential to give publicity to both DISCORD and Twitter, for that reason I think the team is at full speed in that regard.
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Received my card yesterday. Nice looking card. Hope the best of luck to your project
Congratulations. We wait for news of your first purchase or transaction and you tell us how it was. It is important that we can give news of its operation and possible improvements. Luck and to the moon.
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I've seen Vana's twitter, I would like to ask how many people are the team?
They have more than 30 employees and here you have information about their founding partners. Salvador Carrillo, Salvador Casquero and Luis Estrada are the founding partners of 2gether and retain most of the company's shares. The remaining shareholders include former bankers of the Santander bank, BBVA or JP Morgan, successful entrepreneurs and the employees themselves, among others. Ramón Ferraz, CEO: Telecommunications Engineer, Authorized Financial Analyst, entrepreneur and former consultant with experience in banking strategy, open banking and corporate transformation (AT Kearney and Monitor Deloitte). He has founded several startups. The platform operates with the electronic money license of Pecunia Cards EDE, an entity supervised by the Bank of Spain. Objective: 300,000 customers in 2020.
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Just create my account and ordered my Visa card! #Excited Remember friend: You can only make withdrawals at ATMs with the euro or the investment account in crypto, but having the option selected in Euros. Good luck and tell us how it works.
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Wellington Hotel. Velázquez Street 8, Madrid. One more year, and go 41, Actualidad Económica awards the best innovations in the business landscape, delivering the prizes to the 100 best innovative ideas. Of course 2gether is among them within the category of Finance and insurance. https://twitter.com/2gether_global/status/1126096037742092288?s=19
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Many people asking about what exchanges will be elved. Binance, Bitrex, Kucoin, etc. People do not realize that the important thing is that 2GT is approved by the Maltese authority with a financial asset. That would be what would give more value to the project, much more than any inclusion in any exchange.
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when you select the source of payments with the visa card in the app, you can choose among:
- euro account - ether wallet - btc wallet
and also in 7 cryptos from your investment tab, including BTC and ETHER. why if I choose to pay with Ether wallet there is a commission (net cost It says) and that does not happen choosing crypto from investment ones???
Friend Sanchote; I think that if you pay with ETH, they charge you the transaction gas. If you choose to invest in the application in the cryptographic product, that saves you
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Let's wait for this appointment and we will have news.
On May 7 at 4:00 p.m. and at its headquarters in Madrid they have a Shareholders' Meeting. ORDER OF THE DAY FIRST.- Information on the situation of the Company. SECOND.- Ratification of the Administration body of the Company, and approval of their positions. THIRD.- Ratification of the agreements and management carried out by the body of Administration of the Company. FOURTH.- The suppression or limitation of the right of preferential assumption in the capital increases. FIFTH.- Delegation of powers for formalization, execution and inscription, where appropriate, of the agreements adopted. SIXTH.- Questions and Questions. SEVENTH.- Reading and approval of the Minutes of the meeting. We will have news the day after the progress of the project.
Hello, you can report new news after the meeting of the shareholders meeting.
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Let's wait for this appointment and we will have news.
On May 7 at 4:00 p.m. and at its headquarters in Madrid they have a Shareholders' Meeting. ORDER OF THE DAY FIRST.- Information on the situation of the Company. SECOND.- Ratification of the Administration body of the Company, and approval of their positions. THIRD.- Ratification of the agreements and management carried out by the body of Administration of the Company. FOURTH.- The suppression or limitation of the right of preferential assumption in the capital increases. FIFTH.- Delegation of powers for formalization, execution and inscription, where appropriate, of the agreements adopted. SIXTH.- Questions and Questions. SEVENTH.- Reading and approval of the Minutes of the meeting. We will have news the day after the progress of the project.
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Can we now participate in pre-sale ? I saw the announcement that after the tenth of April, all of Europe can buy your tokens?
Hello, I leave the link. It is necessary that you download the application and then request the card and buy the token you want. From April 10 it is open to all countries of the Eurozone. https://www.2gether.global/presale.html
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Does the project have a YouTube channel and when it should get the latest news? Maybe there we can see the progress in the development of the project.
Hello, if you have it. Here it is: https://youtu.be/DH_r5pTyQG4I saw that this channel has more than 160 subscribers, that’s nice quantity for crypto project. I'll tell you one thing mister, 160 subscribers, this is a very low figure. a good indicator can be called from 5000 and above Hello, Tell me how many projects with more than 5000 subscribers have a REAL product with a VISA card and a working application? Yes, maybe 160 subscribers are really few, but have you stopped to think that this project takes very little time working? Those projects of which you speak of more than 5000 subscribers, have only gone by good words but nothing more. 2GETHER TO THE MOON
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