6 Years Ago

KYC  Banking for Digital Asset companies and be alert for Cryptro Dragons!

Please see below a Twitter link from Thomas Power co-founder of TeamBlockchain which has a selection of videos and images from the September 2019 MeetUp

The next Meetup will be 15/101/9 please email info@teamblockchain for more information about speakers at the September MeetUp, if interested in speaking at future events or details about our weekly analysis on the Blockchain and Digital Assets sectors - #DigitalBytes



https://twitter.com/thomaspower/status/1168932637345558528?s=20
Portugal has just announced that trading and investing in Cryptocurrencies will be free of all taxes whether, as Coinrivet says, this “simply a marketing stunt to increase crypto trades to tax them in the future, or if the Portuguese Tax Authority is trying to attract new businesses?”

However, other jurisdictions are also taxing those involved with Digital Assets less aggressively.
         Germany - has exempted bitcoin transactions from VAT and there is no capital gains tax on Digital Assets, such as Bitcoin, provided they are held for more than one year.         Singapore - citizens who hold Cryptocurrencies for long-term investment purposes are not subject to capital gains tax.          Channel Islands (Jersey/Guernsey) - like Singapore, they do not levy capital gains tax on their citizens.          Malta - long-held Cryptocurrencies are not taxed. However, if you make Cryptocurrency trades within a day, it is considered similar to day-trading in stocks and is treated and...


#FrontierInsights
#CryptoTax
#Taxes
 Next time you are waiting in line for a coffee think of those around you who are lending cash interest free to Starbucks! https://www.linkedin.com/feed/update/urn:li:activity:6574261034872295424/?commentUrn=urn%3Ali%3Acomment%3A(ugcPost%3A6574260577101766656%2C6574299691746373632)  forward to seeing some of you this evening for TeamBlockchain's September MeetUp where we will look at KYC, Banking and Crypto Dragons..... Please use this link to register for the few last remaining spaces https://www.meetup.com/ICO-Meetup-London/events/261666240/
Trade finance platforms to help European SMEs

HSBC is the first bank to complete a transaction using we.trade, based in Dublin, which is a  Blockchain-powered platform backed by 12 shareholders, including CaixaBank, Deutsche Bank, Natixis, Nordea, Rabobank, Santander, Société Générale and HSBC. We.trade was set up in 2017 tomanage, track and securely facilitate transactions between SMEs in Europe. The platform intends to support three majorsteps in SME trading, including access to counterparties for transactions that we.trade describes as ‘bank payment undertaking’ (BPU) from its banks. HSBC calls the BPU“an on-line equivalent of a letter of credit (LC)”.
Other similar on-line platforms...

Man City Premier League Champions sign up “Superbloke”

Manchester City has just signedup its first Blockchain platform “Superbloke”. This partnership will mean that Man City’s players will, in effect, become part of Superbloke’s on-line gaming platform and so deepen Man City’s engagement with the lucrative Japanese, Korean and South Eastern digital gaming markets.

Superbloke chief strategy officer, Nak-Hyoung Kim, said: “It is fantastic to cooperate with Premier League champions, Manchester City. Superbloke has a vision to use blockchain technology to help football fans so that they can permanently own players’ tokens they have collected. We expect that this partnership with Manchester City...

Even central bankers belive the US$ time may be up!!!

Here is an 2 minute interview (https://cryptonews.com/videos/this-is-why-this-powerful-central-banker-urges-libra-like-cu-364.htm) with Mark Carney, the current Governor at The Bank of England, talking about the need for new ‘World Reserve Currency’. According to Carney, “The US economy is strong so Fed policy is to have a tighter monetary policy which isn't good for other economies, which then impacts on the US economy.Where we have three dominant economic regions  - US, China and Europe - we need a new world reserve currency...... and it cannot be another fiat currency.”
 
As the attached chart from -www.rmegold.com/blog/what-is-1-oz-of-gold-worth/ - indicates nothing lasts...

University programs to enhance Blockchain skills
 
Mousebeltis a Blockchain accelerator that has relationships with 65 student Blockchain community groups and works with 14 universitiesin the US and UK. Recently it has been offering programs to sponsor undergraduates and PHD students at UC (University of California) Los Angeles, UC Santa Barbara and UC Davis (near Sacramento in California) to meet student demand.
Universities are increasingly offering Blockchain courses, as detailed by the website from Accounting Degree Review, in which were listed 10 different universities - just in the USA! For those readers looking for universities in the UK, hopefully these links will...

TeamBlockchain free masterclass series MeetUps on Blockchain and Digital Assets
 
The use of Blockchain technology and Digital Assets, sometimes called Crypto currencies continues to evolve and there is a demand for education and unbiased information. It is for this reason that TeamBlockchain have been running MeetUps since February 2017 show casing organisations that are using Blockchain and or Digital Assets as part of their commercial operations or looking to build services and products to help build the infrastructure that is needed for wide scale adoption. The events are designed NOT to raise capital but encourage debate, discussion and analysis in an...