Niklas Nikolajsen: “European Banks Will Soon Offer Bitcoin Accounts”
In his opinion, European banks will start to offer Bitcoin accounts very soon. This would certainly be an exciting change of pace, albeit it sounds rather unrealistic. It would be kind of interesting when banks around the globe start to offer Bitcoin accounts very soon. That is what Bitcoin Suisse founder Niklas Nikolajsen feels will happen in the coming years. Traditional bank accounts which can also be denominated in cryptocurrency sounds kind of interesting on paper, albeit it is doubtful that idea is even feasible. It is true Bitcoin, and cryptocurrency is faster and cheaper options....
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Bitcoin Suisse founder, Niklas Nikolajsen, has said that European bank accounts will eventually be offering bitcoin wallets. In an interview with finews.ch at the Fintech Conference Finance 2.0, Nikolajsen explained that while European banks will soon be providing bitcoin wallets he didn’t specify which banks these would be, only that it would ‘not be an exotic bank.’ While digital currencies such as bitcoin are faster and cheaper than traditional banking methods, it seems that the notion that banks will be providing bitcoin wallets anytime soon is unrealistic. Nikolajsen seems to think,....
The Swiss Federal Tax Administration (ESTV) has a great announcement for the cryptocurrency community. Recognizing that Bitcoin is a currency used to purchase items, the administration has decided that no VAT will be applied to Bitcoin in Switzerland. "This is excellent news!" CEO of Bitcoin Suisse AG, Niklas Nikolajsen said, "This is excellent news for Bitcoin in Switzerland as it provides the legal certainty we need to professionally operate our business." Luzius Meisser, President of Bitcoin Association Switzerland, states: "This is the most reasonable way to classify Bitcoins in the....
Bitcoin users do not have to pay value added tax (VAT) on bitcoin in Switzerland. The Swiss Tax Administration (ESTV) has announced there will be no VAT on bitcoin transactions, according to Bitcoin Association Switzerland. The news brings hope not only to bitcoin users in Switzerland, but worldwide. Switzerland has a global reputation for financial security. Bitcoin supporters want governments to view bitcoin as a method of payment, not as a delivery of goods or a service subject to a VAT. Bitcoin supporters have noted that it will be difficult for bitcoin to become an accepted currency....
Swiss-based Vision Apartments has announced that it is now accepting rent in bitcoin at all its global locations, according to the apartment leader. Nowadays, it’s becoming easier to utilize the digital currency for most day-to-day expenses. And with the price of bitcoin rising steadily, it’s becoming a viable alternative to use instead of fiat currency. This can be seen through Vision Apartments announcement and the fact that they have teamed up with Swiss-based company, Bitcoin Suisse, to enable its guests to pay with the currency. Niklas Nikolajsen, CEO of Bitcoin Suisse AG, said:....
In an international first, the Swiss town of Zug in central Switzerland will begin accepting Bitcoin payments for government services on a trial basis, the international service of the Swiss Broadcasting Corporation SwissInfo reports. Zug residents will be able to make payments of up to 200 Swiss francs ($205) using Bitcoin. Mayor Dolfi Mueller said that the Zug City Council wants to show its "openness to new technologies" and cater to local financial technology companies, BBC News reports. The Zug area is known as the "crypto-valley," as it hosts more than a dozen....