The Swiss municipality of Chiasso, which is eyeing parity with well known Crypto city Zug now for cryptocurrency attention, will accept tax payments in bitcoin.
This new idea will be put in place for the start of the next year, was allegedly made following talks with various blockchain groups based in the area.
There are limits to the idea, however, and tax payments made in bitcoin cannot exceed 250 Swiss francs (around $265), the paperwork states.
The Mayor of Chiasso, Bruno Arrigoni, was quoted as having said that the town is
"recognized internationally as an epicentre of a growing technological and economic growth for both the canton and in Switzerland."
The city has been nicknamed "CryptoPolis,", and Chiasso is focused on establishing itself as a rival to the country's blockchain epicentre Zug, and has reportedly seen eight startups set up base there in the past few months.
I mapped this out here for you -- you can see Zug in the North ans Chiasso in the South of the map line -- the cities are roughly 2.5 hour apart by car, the statist mapping software of big brother Google says:
It sounds a little Italian, because it is in the south, very close to the northern Italy border!
Zug, has become FAMOUS internationally as Switzerland's "Cryptovalley"....
--
and has announced it would let citizens to pay for government services in digital currencies back in 2016 but....
-- they have NOT made any move to integrate bitcoin / crypto payments as an option for its citizens.
Interesting!!
Zug:
--
Switzerland ramped up its bid to become a global hub for financial technology (fintech) and cryptocurrency start-ups with the decision by a town on the Italian border to accept tax payments in bitcoin.
Chiasso announced that it would take bitcoin to settle up to CHF250 ($265) of tax bills from the start of next year. The decision was taken after consulting with cryptocurrency and blockchain companies that have recently set up in the region.
“Chiasso is recognized internationally as an epicentre of a growing technological and economic growth for both the canton and in Switzerland,” Mayor Bruno Arrigoni said in a statement.
In the last few months eight start-ups have established headquarters in the canton Ticino town.
Having lost tax revenues from the diminishing banking sector in the wake of the financial crisis, Chiasso has been looking for replacement industries, explained Umberto Balzaretti, head of the town's administration.
The authorities have hit upon the fast expanding fintech and cryptocurrency sphere as the solution.
Chiasso's branding as CryptoPolis has pushed itself forward as an alternative start-up venue to Zug's Crypto Valley.
By showing that they both understand and embrace new technologies, many Swiss cantons hope to better attract the brightest international start-ups into their territories.
Last year, Zug announced it would accept payments of up to CHF200 in bitcoin for council services. Since July 1, 2016, more than 40 bitcoin payments have been received, which has exceeded the authorities' expectations.
Zug is establishing itself at the centre of a Crypto Valley hub that also attracts global start-ups such as Xapo, Breadwallet, Etherisc and Monetas.
Other cantons have also been keen to advertise their credentials in new digital technological advances, such as fintech, or the underlying technology, known as blockchain. Schaffhausen and Zug are introducing digital identity systems that will enable residents to register for, and use, local government services far more efficiently than under the current methods.
Earlier this month, Geneva announced a pilot blockchain project for the electronic processing and archiving of official documents.
Info / Photo Sources: www.swissinfo.ch, CoinDesk.com, NewsBTC.com
Thanks for reading, have a nice day.
My Philosophy In Daily Life & Travels:
--
I have always tried to be kind to people every day, as part of my life Philosophy, since I have always believed we can achieve more TOGETHER.
My path to Crypto is with you guys and we are on the path to Liberty.
We are all early adopters here, if you are even close to reading this today.
Be encouraged.
If you online search my name + PIZZA -- you will see my deep love of the pie as I seek to eat it, wherever I am, or whatever I am doing.
Life Goals:
-- Get Paid to Travel and Blog about Pizza & Those Travels.
-- Buy a Pizza Store.
-- Become Crypto Currency Independent and Love Liberty and Life!
-- Continue to Hold and Sell Real Estate as I have done for clients since 1991.
Don't let anyone tell you twins are a problem ever!!!!!
FUD or no FUD!!!
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
@barrydutton/first-ever-entry-for-me-for-tree-tuesdays-it-s-the-liberty-tree-in-my-steemit-shirt
Most stock Images / Gif's day to day- usually via Giphy.com , Funny or Die.com, Imgur.com, PixaBay unless otherwise noted, with thanks.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
The Swiss municipality of Chiasso, which is eyeing parity with well known Crypto city Zug now for cryptocurrency attention, will accept tax payments in bitcoin.
This new idea will be put in place for the start of the next year, was allegedly made following talks with various blockchain groups based in the area.
There are limits to the idea, however, and tax payments made in bitcoin cannot exceed 250 Swiss francs (around $265), the paperwork states.
The Mayor of Chiasso, Bruno Arrigoni, was quoted as having said that the town is
"recognized internationally as an epicentre of a growing technological and economic growth for both the canton and in Switzerland."
The city has been nicknamed "CryptoPolis,", and Chiasso is focused on establishing itself as a rival to the country's blockchain epicentre Zug, and has reportedly seen eight startups set up base there in the past few months.
I mapped this out here for you -- you can see Zug in the North ans Chiasso in the South of the map line -- the cities are roughly 2.5 hour apart by car, the statist mapping software of big brother Google says:
It sounds a little Italian, because it is in the south, very close to the northern Italy border!
Zug, has become FAMOUS internationally as Switzerland's "Cryptovalley"....
--
and has announced it would let citizens to pay for government services in digital currencies back in 2016 but....
-- they have NOT made any move to integrate bitcoin / crypto payments as an option for its citizens.
Interesting!!
Zug:
--
Switzerland ramped up its bid to become a global hub for financial technology (fintech) and cryptocurrency start-ups with the decision by a town on the Italian border to accept tax payments in bitcoin.
Chiasso announced that it would take bitcoin to settle up to CHF250 ($265) of tax bills from the start of next year. The decision was taken after consulting with cryptocurrency and blockchain companies that have recently set up in the region.
“Chiasso is recognized internationally as an epicentre of a growing technological and economic growth for both the canton and in Switzerland,” Mayor Bruno Arrigoni said in a statement.
In the last few months eight start-ups have established headquarters in the canton Ticino town.
Having lost tax revenues from the diminishing banking sector in the wake of the financial crisis, Chiasso has been looking for replacement industries, explained Umberto Balzaretti, head of the town's administration.
The authorities have hit upon the fast expanding fintech and cryptocurrency sphere as the solution.
Chiasso's branding as CryptoPolis has pushed itself forward as an alternative start-up venue to Zug's Crypto Valley.
By showing that they both understand and embrace new technologies, many Swiss cantons hope to better attract the brightest international start-ups into their territories.
Last year, Zug announced it would accept payments of up to CHF200 in bitcoin for council services. Since July 1, 2016, more than 40 bitcoin payments have been received, which has exceeded the authorities' expectations.
Zug is establishing itself at the centre of a Crypto Valley hub that also attracts global start-ups such as Xapo, Breadwallet, Etherisc and Monetas.
Other cantons have also been keen to advertise their credentials in new digital technological advances, such as fintech, or the underlying technology, known as blockchain. Schaffhausen and Zug are introducing digital identity systems that will enable residents to register for, and use, local government services far more efficiently than under the current methods.
Earlier this month, Geneva announced a pilot blockchain project for the electronic processing and archiving of official documents.
Info / Photo Sources: www.swissinfo.ch, CoinDesk.com, NewsBTC.com
Thanks for reading, have a nice day.
My Philosophy In Daily Life & Travels:
--
I have always tried to be kind to people every day, as part of my life Philosophy, since I have always believed we can achieve more TOGETHER.
My path to Crypto is with you guys and we are on the path to Liberty.
We are all early adopters here, if you are even close to reading this today.
Be encouraged.
If you online search my name + PIZZA -- you will see my deep love of the pie as I seek to eat it, wherever I am, or whatever I am doing.
Life Goals:
-- Get Paid to Travel and Blog about Pizza & Those Travels.
-- Buy a Pizza Store.
-- Become Crypto Currency Independent and Love Liberty and Life!
-- Continue to Hold and Sell Real Estate as I have done for clients since 1991.
Don't let anyone tell you twins are a problem ever!!!!!
FUD or no FUD!!!
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
@barrydutton/first-ever-entry-for-me-for-tree-tuesdays-it-s-the-liberty-tree-in-my-steemit-shirt
Most stock Images / Gif's day to day- usually via Giphy.com , Funny or Die.com, Imgur.com, PixaBay unless otherwise noted, with thanks.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.