• info[at]asiathemes[dot]com
  • (2)245 23 68

UK MP Wants to To Introduce Bitcoin Tax Payments

UK MP Wants to To Introduce Bitcoin Tax Payments

BTC Casino / 11th December 2018

UK Member of Parliament, Eddie Hughes, has called for local authorities to take a lead, and accept Bitcoin payments. The Conservative politician also believes that a lack of reliable information is holding back wider adoption.

Stably has a New Stablecoin with a Unique and Transparent Approach
Friday November 02, 2018

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Нормална таблица”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:8.0pt; mso-para-margin-left:0in; line-height:107%; mso-pagination:widow-orphan; […]

The post Stably has a New Stablecoin with a Unique and Transparent Approach appeared first on BTC Casino Gambling.

The UK Should Take the Lead
MP Hughes’ comments, reported in the Express newspaper, follow the recent announcement that Ohio now allows local companies to pay taxes in Bitcoin. He said that a local authority should also ‘plant a flag’ and show that a similar scheme could work in the UK.
Hughes gained his Walsall North seat from the Labour incumbent of 38 years in 2017’s snap general election. He describes himself as a “crypto enthusiast with amateur knowledge,” and is keen to spread wider acceptance.
“I’d love it, and I’d love us to be taking the lead in Walsall,” he said.

Novatti AUD Utility Token, Australian Dollar stablecoin launches on Stellar
Wednesday October 31, 2018

Last week’s Tether (USDT) action and its quick recovery showed that stablecoins are valuable to the Cryptocurrency ecosystem, but also more stable than people think. You can read more in […]

The post Novatti AUD Utility Token, Australian Dollar stablecoin launches on Stellar appeared first on BTC Casino Gambling.

Knowledge Is Power
After talking to a charity which was accepting donations in bitcoin, Hughes wondered, “…what’s to stop us from being able to pay council tax and other bills with bitcoin?” He adds:
You’re either ahead of the curve or you’re behind the curve, and our country is in an interesting position right now. We need to be seen as a progressive country… Taking the lead in this field could prove very beneficial.
Hughes feels that the technology is talked about a lot and that MPs have a duty to understand it. He suggested there needs to be a simple mechanism so that politicians (and the general public), “can become familiar with it in a safe and secure way.”
Free Speech
This isn’t the first time Hughes has publicly supported cryptocurrencies and distributed ledger technologies. In July, he penned a report, calling for the UK to appoint a ‘Chief Blockchain Officer.’
Conservative think-tank, Freer, published the report, which also detailed £8 billion pounds of savings the technology could bring.
“The state should focus its attention on using blockchain to enable social freedom, to increase efficiency, and to rebuild societal trust,” concluded Hughes.
Accepting Council Tax payments in bitcoin would seem to be a good start.
Will the UK eventually start accepting bitcoin for tax and bill payments? Share your thoughts! 

Images courtesy of Shutterstock, wikimedia commons
The post UK MP Wants to To Introduce Bitcoin Tax Payments appeared first on Bitcoinist.com.

eToro Lists Binance Coin (BNB) Becoming the First Investment Platform to Offer this Asset
Friday November 02, 2018

Binance Coin (BNB) is currently available for trading at the eToro platform. This is the first time that an investment platform offers support to this digital currency. The information was […]

The post eToro Lists Binance Coin (BNB) Becoming the First Investment Platform to Offer this Asset appeared first on BTC Casino Gambling.

@ 2017 Esol Theme powered by WordPress Developed by ASIATHEMES