Last quote by Cathy Mulligan
We have the situation in the UK where many startups are chasing the regulator to say, How are we going to be regulated?' rather than the other way round. Bitcoin in the UK is really treated as private money. If you tried to exchange Bitcoin for sterling you don't get charged VAT on the value of the Bitcoin but it is charged on, for example, the commission instead.feedback
Cathy Mulligan has most recently been quoted in an article called Regulating Bitcoin: how new frameworks could be a catalyst for cryptocurrencies. Cathy Mulligan said, “Some countries are taking it as a commodity like we are, other places are treating it like money and others are treating it as unknown, which changes the way you tax things.”. Cathy Mulligan has been quoted a grand total of 3 times in 1 article.
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Quotes by Cathy Mulligan
Apr 16 2017
Some countries are taking it as a commodity like we are, other places are treating it like money and others are treating it as unknown, which changes the way you tax things.feedback
Apr 16 2017
From the UK perspective, we haven't seen huge amounts of regulation. They aren't being forced to have AML [anti-money laundering regulations] or 'know your customer' regulation just yet. I think what will happen in Japan is, there will be an influx in startups, because the business environment is stable and you'll know how you're going to regulate it.feedback
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