26 Jun '14, 5pm

Swiss Report Lays Foundation for Bitcoin to Become Legal Money

Swiss Report Lays Foundation for Bitcoin to Become Legal Money

Switzerland’s Federal Council, the nation’s seven-member executive branch, issued a new 25-page report on digital currencies yesterday, which sought to broadly define how it believes specific bitcoin businesses should be regulated under existing law. The news comes as a result of a September request by Swiss Socialist Party member Jean Christophe Schwaab for the organisation to pen the report, one which was formally accepted as an initiative by the Federal Council in December . The Federal Council has the ability to create ordinances, but only the parliament is able to create legislation, meaning that whiles its ultimate recommendation – that no new regulation need be enacted – will set a significant and lengthy legal precedent, the report does not have the legal standing to determine whether bitcoin falls under specific regulation directly. Such decisions remain the respo...

Full article: http://www.coindesk.com/swiss-report-lays-foundation-bitc...

Tweets

Swiss Government Report: Bitcoin Too ‘Insignificant’ for Legislation

Swiss Government Report: Bitcoin Too ‘Insignifi...

coindesk.com 25 Jun '14, 2pm

Switzerland’s Federal Council has published a report stating that, for the time being, it will not create legislation rela...

Canada decides to treat Bitcoin as ‘money’

Canada decides to treat Bitcoin as ‘money’

siliconangle.com 25 Jun '14, 6am

Like many countries, Canada has warned its population of the perceived risks posed to investors and the financial system b...

Anonibet Talks Bitcoin Foundation Membership, World Cup Contest #bitcoin

Anonibet Talks Bitcoin Foundation Membership, W...

coindesk.com 26 Jun '14, 1pm

Anonibet has become the latest gold member of the Bitcoin Foundation. The bitcoin bet shop is currently in the middle of i...

Bitcoin as a Legal Currency in Currency Bill is...

thedomains.com 27 Jun '14, 7pm

California Bill AB-129 Lawful Money passed the California Senate on June 19, and the Assembly on June 23. The bill now awa...

#SMO Bitcoin as a Legal Currency in Currency Bi...

topseowebsitesdesign.com 27 Jun '14, 9pm

California Bill AB-129 Lawful Money passed the California Senate on June 19, and the Assembly on June 23. The bill now awa...

#bitcoin

#bitcoin

coindesk.com 29 Jun '14, 1pm

The 39th Governor of California Jerry Brown has officially signed Assembly Bill 129, the measure that sought to grant bitc...

#Complaint glass may be wasting precious.

dailymotion.com 26 Jun '14, 9pm

We use cookies to offer an improved online experience and offer you content and services adapted to your interests. By usi...

The Report Report: Why small businesses care big about climate

The Report Report: Why small businesses care bi...

greenbiz.com 27 Jun '14, 9am

The Report Report brings you highlights from recent reports that are worth a look. Too often, reports from business groups...

California makes it legal to pay with Bitcoin a...

engadget.com 29 Jun '14, 7pm

If you've previously paid for goods with Bitcoin or other digital currency in California, you're technically a criminal --...

#bitcoin

#bitcoin

coindesk.com 26 Jun '14, 2pm

The US Marshals Service (USMS) will auction off the bitcoin seized from Silk Road to the highest bidder tomorrow. It amoun...

California makes it legal to pay with Bitcoin a...

engadget.com 29 Jun '14, 7pm

If you've previously paid for goods with Bitcoin or other digital currency in California, you're technically a criminal --...

California makes it legal to pay with Bitcoin a...

engadget.com 29 Jun '14, 7pm

If you've previously paid for goods with Bitcoin or other digital currency in California, you're technically a criminal --...

California's Bill to Make Bitcoin 'Lawful Money' Heads to Governor via @coindesk

California's Bill to Make Bitcoin 'Lawful Money...

coindesk.com 24 Jun '14, 6pm

California Assembly Bill 129, a bill that would deem digital currencies ‘lawful money’ in the US state, will now head to t...

Meet the company that wants to bring bitcoin to the stock market - Quartz #bitcoin

Meet the company that wants to bring bitcoin to...

QZ.com 25 Jun '14, 4pm

Bitcoins could be coming to an stock exchange near you. Bitcoin-mining company BitFury Group is hoping to become the first...

Vericoin: The Altcoin You Can Spend Wherever Bitcoin is Accepted

Vericoin: The Altcoin You Can Spend Wherever Bi...

coindesk.com 27 Jun '14, 8pm

Vericoin has launched an innovative and potentially game-changing approach to gaining merchant acceptance that could shake...