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RE: Bitcoin CryptoCurrencies & Gold in Singapore

in #cryptocurrencies6 years ago

Thanks, another question: How can someone from Europe or better European Union open a(small) bank account mostly for donations in Singapure that cannot be shut down by European Union? Any Idea ? Would be a great help - thanks a lot !

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I am not sure - you can try to contact DBS or POSB bank - those are the big ones here and ask them how it works. I am not sure if it is possible but I am positive it is possible..

here are some useful links
seems that CITI bank would do it
https://www.ipb.citibank.com.sg/english/forms/english/open-an-IPB-account/open-an-ipb-account.htm

..your main problem will be in your own country.
you will be obliged to report to your bank or the tax authority that you have an overseas account.
If you will not do so and they will catch you -> they will probably give you problems

The whole European Union is one big dicatorship and hunting everybody who is against it .... but there is one last corner to hide and thats Cryptocurrencies ... if one has a bank out of reach where donations can be sent by supporters and you suddenly exchange these amounts into Cryptocurrencies you are out of reach of them ... and Cryptos like Bitcoin still can be exchanged back into Fiatmoney in most of our lands. there is no law yet and it will still last for a while because they dont have any ideay what it really means - a Blockchain ..
Things will change if Russia starts the Crypto-Ruble next year - then they MUST get informed and they will re-act and this is the reason why we must be faster .... collect NOW --