Hi All,
European bitcoin exchange Bitstamp has become the first fully licensed bitcoin exchange in Europe. The license will go into effect on July 1st and marks the first time that a bitcoin exchange acquires the license as a fully regulated payment institution, in the world.
I think its great move which will have positive impact on digital currency industry globally. What is your opinion?
Thank youCryptoJewelerThats good but wouldn't that make it regulated and under government control?They will have to share all their users data with government,this may be a move to impose taxes on bitcoin or its transaction
Hi
Wapinter,
Thank you for your feedback.
Important point raised by you. AT the moment The license was acquired following a rigorous application process that lasted nearly two years with the Luxembourg Financial Industry Supervisory Commission. No other details have been revealed about taxes on bitcoin yet.
There is chance of that but i believe bitcoin exchange will have paid for their licence and they will not compromise over decentralization.
Thank youCryptoJeweler