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RE: Crypto Current Affairs—Swiss Govt Developing Crypto Legal Framework + BTCC Boss Wants Bitcoin Regulated in China!
Switzerland always recognizing good earnings.:) They will legalize the cryptos and tax them after because they know fiat is doomed to be overtaken by the cryptocurrencies. They are already making some nice money from the ICOs and early stage crypto state financial recognition will earn them so much. What a country.
Yep, that is all "legalisation" means - TAX! One only has to look at the marijuana legalisation in the US. The state governments are raking in huge amounts of tax.
when it's "legal" and recognized by governments, many more will flock to bitcoin. Unlike fiat, it's not just a currency, its an asset. It's easily tradable. It's then that the price will really move. Watch
I'm watching, trading up and HODL.
Indeed! But other countries will follow suit when the Swiss do it.