Bitcoin, Liechtenstein is thinking of new investments in cryptocurrencies

Bitcoin, Liechtenstein is thinking of new investments in cryptocurrencies: the royal family is positively exposed to virtual currencies.

Bitcoin, Liechtenstein is thinking of new investments in cryptocurrencies - cryptocurrency0

The royal family of Liechtenstein he is thinking of new investments in cryptocurrencies, expressing himself positively on the possibilities of deepening the new digital economy. Despite admitting that the cryptocurrency remains "very risky", Prince Alois also added that the underlying technology (blockchain) could be used to help manage a range of services within the principality, which has a population of less than 40.000.

The prince has in fact declared to be convinced that the blockchain "it will change many things, and it could also help make our state more efficient in the way it is administered". However, the exponent of the royal house admitted that his family does not have the skills to make investments in criptovaluta, therefore limiting itself to being able to examine its possibilities.

Although the above certainly does not mean that the cryptocurrency have been rehabilitated in a new light, the Liechtenstein openings have certainly not escaped analysts, who see the country as a very different attitude from that of its European partners.

It is difficult, however, to say whether or not Liechtenstein will become the equivalent of cryptocurrency Japan, a country where cryptocurrency investments continue to be welcomed, despite several high-profile hacking attacks. Last month, remember, the Japanese exchange, Coincheck he announced that he would have to repay over $ 500 million to his customers after his system was hacked. The attack, described as the largest digital currency theft in history, was only the best known of a number of other actions that affected cryptocurrency companies more or less directly.

Despite this, unlike its neighbors China and South Korea - which are blocking the use of multi-level cryptocurrencies - the risks do not seem to have discouraged Japan from its "mission" to be the first country to widely use cryptocurrencies as currency legal tender.

Takashi Shiono, an economist at Credit Suisse in Tokyo, said in this regard that there would be "forecasts that sanction how the tax revenues deriving from the cryptocurrency business, including taxes on capital gains from individual investors and companies, could amount to 1 trillion of yen (about 9 billion dollars) ".