Post
Topic
Board Altcoin Discussion
Topic OP
marshall islands is making a cryptocurrency
by
Ido_Liberdy
on 28/02/2018, 13:56:08 UTC
hi!

have you heard about Marshall islands plan to use a state concurrency.

read about it here - https://www.bloomberg.com/news/articles/2018-02-28/marshall-islands-preparing-a-cryptocurrency-two-officials-say

i think that they are the first ones too embrace a token instead of Fiat (ok. except Venezuela). to my understanding that could affect the way countries look and declare what cryptocurrencies are all about. for example if being taxed as a coin like an investment in USD or like property and that should affect tax paid for profits.

we need more countries to start considering the use of crypto as an actual coin and that might affect the Tax point of view on those assets.

do you think it could help?