Bitcoin legal tender germany

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Success for bitcoin rests on regulatory fair-treatment and the existence of a level playing field the Ministry said. It is more akin to "private money" that can be used in "multilateral teender circles".

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El Salvador becomes first country to make bitcoin legal tender
A member of the German Bundestag (federal parliament), Joana Cotar, has expressed her support for making Bitcoin a legal tender in Germany. German Bundestag representative endorses Bitcoin as legal tender, aiming to integrate it into Germany's financial landscape. Similar to criminal law, classifying Bitcoins under German civil law is US American Law classifies United States coins and currency as legal tender in

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Retrieved 8 July The Hindu. Legal The Norwegian Tax Administration stated in December that they do not define bitcoin as money but regard it as an asset. Exchanges or purchases of virtual currencies represent the business risk of investors and investors' money are not protected.