> Liechtenstein’s law ... covers digital securities as well
L's population is around 35 thousand. It's like City Council of Menlo Park CA gaining a status of a sovereign state and then making venture capitalists from Sand Hill Road exempt from SEC rules. L is trying to make a buck by being more permissive because they have nothing to lose otherwise.
Yeah, they’ve historically been pretty good at that, making quite a few quick bucks in financial services leading to one of the highest standards of living for a neighborhood acting as a country, and their bilateral treaties are crafty and well maneuvered
Its nice to see people applying themselves very well
Yes its like if Menlo Park was sovereign but also had economic unions negotiated with DC and the rest of North America, you would find that very convenient
I don't doubt for a second that money laundering and tax evasion services are very lucrative. Look at Cayman Islands. Their per capita GDP (PPP) is higher than in the States!
If you are in the business of offering furtive financial services it makes total sense to stay abreast with the times and add crypto to the portfolio. It's a great instrument for both money laundering and tax evasion.
some of the largest public companies and hedge funds are incorporated in cayman islands. the obvious rebuttal would be that they too are vehicles for money laundering and tax evasion, but also everything else because the point is that you can't distinguish when a state doesn't use its resources demonizing transactions
L's population is around 35 thousand. It's like City Council of Menlo Park CA gaining a status of a sovereign state and then making venture capitalists from Sand Hill Road exempt from SEC rules. L is trying to make a buck by being more permissive because they have nothing to lose otherwise.
> We speaking the same language yet?
I suppose we do. English that is :)
https://medium.com/@straumli/not-blockchain-f569f288b6f1