Big Data Coin (OP)
Newbie
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Activity: 56
Merit: 0
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September 22, 2017, 04:42:19 PM |
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Liechtenstein? Switzerland? Or Singapore?
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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CoinSavvy
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Activity: 55
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September 22, 2017, 04:53:25 PM |
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I'm in favor of Singapore. Currently the Singapore government shows only the welcoming attitude towards the cryptocurrencies and other crypto-assets. Furthermore, its central bank MAS has set up a few programs to provide support to the fintech industry, such as the introduction of a tokenized version of the ETH-based Singapore dollar. So far it seems to be the most crypto-accepting country.
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Big Data Coin (OP)
Newbie
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Activity: 56
Merit: 0
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September 22, 2017, 05:22:55 PM |
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I'm in favor of Singapore. Currently the Singapore government shows only the welcoming attitude towards the cryptocurrencies and other crypto-assets. Furthermore, its central bank MAS has set up a few programs to provide support to the fintech industry, such as the introduction of a tokenized version of the ETH-based Singapore dollar. So far it seems to be the most crypto-accepting country.
Some people said Hong Kong, and the promotion of ICO in HK is illegal...sad |
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rearwheels
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September 22, 2017, 07:31:10 PM |
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Since all this story with ICO regulations has just begun and it is not stable yet I suppose next year this situation will be clarified finally.
Happy weekends to all.
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jlp
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September 22, 2017, 07:46:10 PM |
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Is these startups will move to another country to avoid regulations, what else will they be willing to do?
Will they exaggerate about their project? Will they lie? Will they tell you that their team member is a "Blockchain Expert", when he just quit his job as an Inside Sales Rep, as in the case of Change Bank?
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oreits11
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September 26, 2017, 05:54:18 PM |
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india.
as having of similarity with the customs of profile with the relatives on demographic aspects of indication,
and the differences as the less on (manufacturing) business with the country to calls of resigning/switching of projects as best to gains of involvesment as the high numbers of population to work with the chance of the development as attaining spares within the different focus on works as objection to collects with the returns of manage as achieving the shifts on limit as the possession of the following stages of level with the completeness.
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NoiseBoy
Sr. Member
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Activity: 266
Merit: 250
Sound. Fury. Signifying.
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September 26, 2017, 06:34:08 PM |
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Singapore just recently announced tighter regulations on ICOs, putting themselves in sync with SEC regulations in the United States.
Switzerland, on the other hand, has developed a regulatory sandbox for the cryptocurrency space so that companies can experiment with different business models and financing structures. I think Switzerland wins hands down.
After that, your best bet is tiny jurisdictions like the Isle of Man where they're willing to trade light regulation in exchange for locating taxable businesses there.
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100degrees
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Activity: 108
Merit: 10
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September 26, 2017, 07:20:36 PM |
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There will always be places that have lighter regulations in returns for taxes. The truth is this system is built on trust until it is properly regulated. Someone will always abuse that trust, but on the other hand regulations can stifle creativity and innovation.
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senin
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September 29, 2017, 02:48:20 AM |
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In my opinion, recently Japan has demonstrated a good and wise approach to regulating crypto currency in its country. The same applies to the organization and conduct of the ICO. The Japanese are very industrious and inventive people, accepting all innovations in technology, including crypto currency. Their ICO has minimal risk and therefore they are very attractive to investors.
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