Quote from: sindikat on January 19, 2018, 06:04:21 PM

Quote from: captin crunch on January 19, 2018, 05:11:50 PM

Quote from: alyssa85 on January 19, 2018, 03:09:58 PM

https://www.reuters.com/article/us-global-bitcoin-france-germany/france-germany-to-make-joint-bitcoin-regulation-proposal-at-g20-summit-idUSKBN1F728X

Quote

PARIS (Reuters) - France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the G20 group of major economies in Argentina in March, French Finance Minister Bruno Le Maire said on Thursday.

We will have a joint Franco-German analysis of the risks linked to bitcoin, regulation proposals and these will be submitted as a joint proposal to our G20 counterparts at the G20 summit in Argentina in March, Le Maire told reporters.

Lets hope the other G20 countries ignore them.

It is interesting what does they mean under regulations?

I am sure that nothing good they can imagine. Any state seeking to do nothing and take the most money from the residents. Cryptocurrency will not be an exception. Now they will try to tax the users. After they collect the maximum information and develop a strategy for dealing with cryptocurrencies, they will reject them under the pretext of terrorism or tax evasion.

No they will not reject it, I doubt it. They want their share, that is that. Definitely they will want to follow the US example with its IRS requesting customers list from exchanges to get capital gain tax on it and income tax (depending on how you received your bitcoins, whether by buying or working for them). Also, probably they will want to get their share in VAT by adding it over any transaction that happens with bitcoin.

We'll see, but I am not very optimistic.