Dutch Official Predicts Crypto Market Crash, Says ‘the Netherlands Must Ban B...
The director of the Netherlands’ Bureau for Economic Policy Analysis, a part of the country’s Ministry of Economic Affairs and Climate Policy, has predicted “The ultimate collapse of the crypto bubble.” He urges the government to ban bitcoin and other cryptocurrencies immediately. However, the country’s finance minister disagrees that banning cryptocurrency is right for the country. CPB Director Wants Cryptocurrencies Banned Pieter Hasekamp, director of CPB Netherlands Bureau for Economic Policy Analysis (CPB), published an article on the official CPB website....
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Dutch finance minister Wopke Hoekstra is confident that supervision is more effective than banning crypto outright. A cryptocurrency ban is not the right solution for the Netherlands, the country’s finance minister reportedly said after a local official called for a total ban on crypto.The Netherlands should regulate the cryptocurrency market instead of prohibiting its citizens from using crypto entirely, Dutch minister of finance Wopke Hoekstra stated, according to a Friday report by local news agency NU.nl.The official still admitted to certain risks associated with the crypto market,....
The Netherlands must ban the mining, trading and holding of Bitcoin because it doesn’t meet any of the three functions of money and is handy for criminals, one Dutch official argued. While El Salvador adopts Bitcoin as legal tender, one Dutch official blasted the cryptocurrency, calling for an urgent blanket ban.Pieter Hasekamp, director of the Dutch Bureau for Economic Analysis under the Ministry of Economic Affairs and Climate Policy, published an essay entitled “The Netherlands must ban bitcoin.”In line with the essay’s title, Hasekamp lists a wide list of reasons why the Dutch....
If you are making a purchase using bitcoin in the Netherlands, you may soon be exempt from VAT. Dutch Bitcoin news website Coincourant.nl reported that Jacob Kamminga, the Dutch Minister of Finance. Speaking at the Free University of Amsterdam, or Vrije Universiteit Amsterdam during a debate, he indicated that the government may exempt bitcoin from VAT. While this is still not the official position of the Dutch government, Finance Minister Kamminga's view should be seen to be a harbinger of good news for the Dutch Bitcoin community. Under current Dutch law if you pay by bitcoin, that sale....
AZ Alkmaar is set to become the first professional football club in the Netherlands to pay player salaries in Bitcoin. AZ Alkmaar is set to become the first professional football club in the Netherlands to pay player salaries in Bitcoin (BTC).In a statement posted on the club website on Thursday, the Eredivisie side, which finished third in the 2020/2021 Dutch football season announced crypto broker Bitcoin Meester as its exclusive and official cryptocurrency partner until mid-2024.According to the announcement, the sponsorship deal with be finalized fully in Bitcoin, with the Dutch club....
Could bitcoin transactions conducted in the Netherlands be VAT-exempt? It's certainly a possibility, it seems. According to bitcoin news reporting website Coincourant [Dutch], Mr. Jacob Kamminga of the country's Ministry of Finance hinted at the possibility in the midst of a debate held at an Amsterdam university. Of course, Kamminga's statements should in no way serve as the official stance of the Dutch Ministry of Finance, but as pointed out by Coincourant, it could be a prediction of what's to come. VAT (value-added tax, for those in the United States) is tax applied to the purchase....