Bitcoin-Friendly Denmark to Appoint First Digital Ambassador
Apple, Microsoft, Facebook and other technology giants have reached such importance and power that “they merit their own ambassador,” says Danish Foreign Minister Anders Samuelsen, Politiken reported. Concurrently, Denmark continues its efforts towards becoming a cashless society. The First Digital Ambassador. Building a cashless society and attracting....
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Blockchain Embassy Asia (BCE.Asia), a Malaysia-based non-profit, digitally-distributed organization that promotes blockchain governance as a method for collaboration among business entities in Asia, recently established a steering committee in its mission of educating organizations in Asia about the legal and technical implications of distributed ledgers. The organization recently fulfilled its self-imposed requirement of having nine “ambassadors” with different specialties for its Malaysian Steering Committee. They are: RHB, trustee ambassador; MahWengKwai & Associates, legal....
The Danish tax ministry is reportedly mulling over revising the country’s tax law to deal with the challenges posed by cryptocurrencies. Denmark’s tax authority is concerned about the rising risk of fraud and widespread filing errors involving cryptocurrencies. Denmark to Revamp Tax Law to Deal With Cryptocurrency Denmark is considering revamping its tax code in order to deal with cryptocurrency after discovering that two-thirds of bitcoin and other cryptocurrency transactions were not properly taxed, Bloomberg reported Tuesday. The country’s existing tax code is not....
The folks over at Robocoin, have launched a new Ambassador Program. They are known for the bitcoin ATM, unveiled in a downtown Vancouver coffee shop late last year. Their Ambassador Program, offers up $10,000 for anyone who can close a deal to get their bitcoin ATM purchased by a potential operator. As put by Robocoin: You aren't just a Robocoin Ambassador, but you're an ambassador for bitcoin. Your job is to source incredible operators, teach them about Robocoin and help close the deal. Robocoin says that the full $10,000 will be paid in bitcoin (about 12 BTC) as 25 percent of its fee....
PRESS RELEASE. Top6 Derivatives Exchange Bitget has launched a Global Ambassador Program in its latest announcement. Any crypto enthusiasts, professional traders, crypto community leaders and KOLs can apply to become a Global Ambassador of Bitget. Successful applicants can engage in community development of Bitget and share profits from its growth. What is a Global Ambassador? The past year has witnessed an excellent performance of Bitget in market expansion thanks to its efforts in compliance and localization. To better accommodate the rapid development of global markets and serve local....
It seems like the United States is not the only country making important decisions about bitcoin in the middle of its tax season. Shortly after the US Internal Revenue Service (IRS) declared that it would treat digital currencies as property for tax purposes, the Tax Board in Denmark has ruled that gains and losses from casual bitcoin trading are not subject to taxation. Politiken reports that Denmark's top tax authority met today to discuss digital currencies and how to approach their taxation, and the Tax Board concluded that any gains made from bitcoin trading are exempt from being....