Re: [2018-02-08]The Tax Authority of Lithuania Closes Bitcoin ATMs in Shopping Mall
Ehem. I thought that Lithuania is confiscating the ATM because of some suspicious. I think this is a good news. The authorities just wanted to set up everything and make it 'legal' in a sense to operate the ATM. Probably some business permit or something. Nothing to worry here. No crackdowns as of yet in the country.
My thoughts exactly. Like I said, probably some formally like documentations for tax purposes, business permit to operated. Yes the country is on the neutral grounds as far as crypto and I hope that they will stay that way.
At first, i was suprised since Lithuania is know for good eviroment for block chain start ups and crypto projects in general.
But I believe that this does not represent the policy of whole country but only problems with the tax collection division, nothing to be afraid of
But I believe that this does not represent the policy of whole country but only problems with the tax collection division, nothing to be afraid of
My thoughts exactly. Like I said, probably some formally like documentations for tax purposes, business permit to operated. Yes the country is on the neutral grounds as far as crypto and I hope that they will stay that way.