Miteva: Through regulation of cryptocurrencies VMRO-DPMNE provides more than half a billion euros in the Macedonian budget

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It is time to talk about serious policies, the future and what we are aiming for. We aim to reduce crime and corruption, and that requires a plan, strategy and concept. Trading in cryptocurrencies is becoming more and more mentioned, and this type of investment is increasingly attracting the attention of citizens. Advanced countries have made great strides in this area, enabling financial transactions through cryptocurrencies. In addition, there are a number of banks in the world that allow trading through their platform. In the Republic of Macedonia, this segment is still not regulated by law, so in case of fraud, there is no way to compensate the investments. “Our laws neither allow nor prohibit the purchase and sale of cryptocurrencies, due to which citizens have the opportunity to decide for themselves whether to invest, Marija Miteva, VMRO-DPMNE spokeswoman, told a news conference today.

She noted that with the regulation of cryptocurrencies, tens of billions of euros a year end up in the budgets of countries like the United States and Germany.

– And for the same, a strategy is already being made in other EU countries on how to regulate cryptocurrencies that are still in the gray zone. VMRO-DPMNE estimates that the time of political topics that regress Macedonia on a daily basis is over. Through the parliamentary group of VMRO-DPMNE in the Parliament, we will submit a law that will allow trade and storage of cryptocurrencies in Macedonia. With that, the invested and invested money from the citizens will end up in the budget, we will improve the economy. This legal solution that we will propose will contain the following exemptions:

First, Trading in cryptocurrencies without VAT; We will then introduce a legal norm by which those who trade cryptocurrencies will be exempt from income tax and personal income tax at least until the end of 2023, she said.

Miteva says that this will provide at least half a billion euros in the Macedonian budget!

– The path to digitalization and advanced technology should be followed in this way. The emergence of blockchain technology as a revolutionary technological innovation has imposed the discourse on it’s potential impacts and effects on the economy and business. In this context, blockchain technology is perceived as an attractive option for technological transformation of several sectors and businesses, among which the opportunities for implementation in the financial sector are especially emphasized. It’s appearance bringss a new era of benefits in all spheres in the organization of operations of companies in all sectors. If this is the future, then it’s time to dump her and move on. VMRO-DPMNE offers a different approach, an approach that Macedonian society needs, the spokeswoman added.