Sat, Nov 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Bitcoin declared a currency in Germany

Posted on 19 August 2013

Controversial crypto currency Bitcoin has gained further traction after the German federal government officially recognised it as a currency. The federal authorities declared Bitcoin an accountable unit that can be used as a means of private exchange multilaterally, reported the Frankfurter Allgemeine Zeitung newspaper.
This now means Bitcoin commercial trading gains and value appreciation are now subject to a withholding tax of 25 per cent in Germany. The digital cryptographic currency is increasingly appearing on authorities’ radars………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37739 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30