[2014-07-09] Leaprate: Switzerland's FINMA grants first Bitoin Trader license

[scribbles]

http://leaprate.com/2014/06/23/switzerlands-finma-grants-first-bitcoin-trader-license-to-sebx-deems-bitcoin-a-means-of-payment/

Switzerland, the land of traditional and extremely safe banking institutions, heralded by high net worth investors worldwide as a safe haven for untold wealth, has taken a somewhat unorthodox step toward the acceptance of virtual currencies as a means of payment. SBEX, an acronym for Swiss Bitcoin Exchange, has been authorized by national regulatory authority FINMA.

[Chef Ramsay]

I wonder how big this news actually is considering everything is safe and sound over there. Maybe some rich folks will see a novelty in it and say let me get some coins. Heck, if we continue to out-pace gold it would seem like they would want to.

[theblacksquid]

I wonder how big this news actually is considering everything is safe and sound over there. Maybe some rich folks will see a novelty in it and say let me get some coins. Heck, if we continue to out-pace gold it would seem like they would want to.

Well... I did read something saying that Bitcoin wallets may soon replace Swiss bank accounts for anonymous stores of immense welath... (Dang, I can't remember where I read it)

[Chef Ramsay]

I wonder how big this news actually is considering everything is safe and sound over there. Maybe some rich folks will see a novelty in it and say let me get some coins. Heck, if we continue to out-pace gold it would seem like they would want to.

Well... I did read something saying that Bitcoin wallets may soon replace Swiss bank accounts for anonymous stores of immense welath... (Dang, I can't remember where I read it)

Youtube it or it didn't happen. Seriously, if that is true and the "immense wealth" crowd over there want a piece then all this good news can keep on stacking far into the future and it's game over for fiat.

[theblacksquid]

I wonder how big this news actually is considering everything is safe and sound over there. Maybe some rich folks will see a novelty in it and say let me get some coins. Heck, if we continue to out-pace gold it would seem like they would want to.

Well... I did read something saying that Bitcoin wallets may soon replace Swiss bank accounts for anonymous stores of immense welath... (Dang, I can't remember where I read it)

Youtube it or it didn't happen. Seriously, if that is true and the "immense wealth" crowd over there want a piece then all this good news can keep on stacking far into the future and it's game over for fiat.

I can almost see the headlines:

BITCOIN RISES BY 500%

SWISS BASED EXCHANGE X STOCK SOARS

GOV'T EMBEZZLEMENT CASE, FUNDS CANNOT BE TRACED