Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO][COINGRID] We are making cryptocurrency more accessible
by
ElectricheadGino
on 31/10/2018, 06:47:15 UTC
Could you please elaborate on the privacy aspects of this token?  Since this has been approved by New Zealand's authorities, I assume any trading of the token would require personal information to be submitted to your company and/or the IRD for tax collection purposes and to stop funding terrorism.  Also, would Coingrid automatically withhold taxes after exchanging the tokens for other currencies like they do with many investments sold in the United States (stocks, gold, etc.), or would this solely be the responsibility of the seller?  From my understanding, cryptocurrency is treated as property and follows many of the rules of gold trading, but I'm not very familiar about withholding regulations as you can probably tell.  This is one of the most legitimate projects I've ever seen in the crypto world and has piqued my interest.  Thanks.