madfarm
Wasn't the UK the country whose central bank issued several press releases telling citizens and politicians that crypto was a risk? Often blaming Bitcoin, sometimes banning transfers to crypto exchanges, banning BATM,…
OP is European and his bank too. European banks have gone crazy for a decade now. Last week I visited my banker he asked me so many things. I told him he's asking too much it's none of his business. He told me they have…
- BINANCE AND FTX GET LICENSED IN DUBAIJun 23, 2025
They may be not interested to replace the petrodollars with Bitcoin. If they do like Saudi Arabia and China. They are working on oil contracts denominated in Yuan to free themselves from the excessive privilege of the…
@niocexchange Most people don't understand correctly what is GDPR, including European citizens themselves and I believe the majority doesn't care. You can see yourself, for example, they never ask their favorite…
- Crypto tax questions for GermanyMar 30, 2025
hey there, fellow Germans I'm trying to find someone from Germany who can help me out a bit. As you probably know, in Germany, if you hold onto a coin for over 365 days, you don’t have to pay taxes on the capital gains.…
- Using Bitcoin for money launderingDec 30, 2024
I would say that Bitcoin can be used for money laundering just like fiats are currently. But we have to admit that it's much easier considering there is no central authority, you don't rely on a 3rd party and can avoid…
- Tax implications of darknet transactionsNov 21, 2024
You report the profits/income you did with your BTC not how many bitcoins you own, and it can only be in fiat. Even if your government asks the citizens to report how many bitcoins they own, it concerns those stocked on…
- UK tax authority aims to monitor your BitcoinSep 29, 2024
In my country, they wanted something similar. The difference is they offered to pay a reward to anyone able to create a 'tool' to help them to analyze transactions. No matter who you are. I would prefer they hire me…
- Need a crypto-savvy lawyerJun 13, 2024
Unless you are a citizen from The USA, the SEC is not going to help you with anything since outside the country it has no power. You should better look for someone from your country or the country where the company is…
- Abolishing BitLicenseMay 29, 2024
I don't get it. People keep asking for legislation, licenses, and other legal frameworks and now they complain about the results. And their arguments to say that Bitlicence is too intrusive is debatable. About the…
No, because Bitcoin doesn't rely on and doesn't need the FED or The US government. </thread> Seriously what the person can do? Bitcoin has evolved too much to make something constructive to restrict citizens or…
- Russia Hits Second Place in Global Crypto MiningNov 12, 2023
Even if we only consider the gigawatts of energy, Russia is still far to be close to The USA (4 GW vs 1 GW) Russia being under sanctions, almost no foreign company will deal with. What about this rather, added with the…
Yes, and it is well defined. I don't know if it's the same in all EU countries but in mine, the company can be fined up to 20 million or 4% of its annual revenue (worldwide). There are usually several levels in the…
Weird because it wasn't the case before. I see now a change has taken place in 2018 or 2019, so maybe... I checked the french gov. website and it's not mentionned.…
@LoyceV is right. The rule applies to gold as well, and I believe for each of us in EU. Europe is a colander. Very rare are the moments you're checked while crossing a border. It happened only once with me. In some…
- Top countries with friendly Bitcoin tax lawsSep 26, 2023
It is not easy to move to another country. There is a difference in culture, lifestyle, and many other things to take into account. You find yourself away from your family, friends, and everything you knew before. You…
- Question about Crypto Exchange and AML IssuesAug 25, 2023
I find it a bit abusing to call it withdrawing a large sum too frequently, you did it twice only and for a low amount ($200). They can do it for the sake of the AML/CFT regulatory compliance and the customer…
- Is it Possible to Sue a Crypto Ponzi Referrer?May 14, 2023
If you were from The US or Canada, absolutely. One example is the story of 12DailyPro, it was a paid autosurf running more or less on the HYIPs model. until the SEC starts investigating this Ponzi. Another one is…
- Tax implications for a friend buying bitcoinApr 21, 2023
Yeah but if you read my post again and if you have already filled a tax paper once in your life you will see that the two points I gave are common and logic for every one used to fill a tax paper. This is basically so…
- Tax implications for a friend buying bitcoinApr 21, 2023
Yes, your friend needs to report that as well. He will just need to say he bought at $xxx and sold at $xxx (to you). What would be great is if you can sign a paper between both to just to say he sold it to you. No tax…