18 Aug '13, 9pm

Germany becomes first country to recognize Bitcoin as currency

Germany becomes first country to recognize Bitcoin as currency

Germany has become the first country to legally recognize the digital currency Bitcoin as a form of money. The country's Finance Ministry declared Bitcoin a "currency unit" and form of "private money" in a letter to member of parliament Frank Schaeffler. According to Die Welt , BTC's new status in Germany means the government can tax profits made by Bitcoin companies, but private individuals can spend the currency tax-free. The news is both good and bad for Bitcoin speculators. Although German recognition gives the currency more legitimacy, it could also open the door for greater regulation, something many Bitcoin enthusiasts actively oppose . Part of Bitcoin's allure is its lack of ties to any government. Although Germany's is the first national government to acknowledge Bitcoin as money, a federal judge in Texas ruled earlier this month that Bitcoin "is a currency or for...

Full article: http://www.dailydot.com/business/germany-bitcoin-official...

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Bitcoin declared a currency in Germany via @itnews_au

Bitcoin declared a currency in Germany via @itn...

itnews.com.au 18 Aug '13, 9pm

Controversial crypto currency Bitcoin has gained further traction after the German federal government officially recognise...

Germany: Bitcoin Is "Private Money"

news.slashdot.org 19 Aug '13, 3am

declared Bitcoin as a 'unit of account' , which makes the virtual currency a kind of 'private money' and the process of Bi...

Germany recognises Bitcoin as currency

Germany recognises Bitcoin as currency

mybroadband.co.za 17 Aug '13, 9pm

Key aspects of the bitcoin, a popular online currency, have been recognized for legal and tax purposes by Germany, newspap...

Bitcoin Bites: Germany recognizes digital curre...

youtube.com 19 Aug '13, 12pm

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . Advertisement Bitcoin Bites: Germa...

Germany

Germany

rt.com 18 Aug '13, 6pm

Germany recognizes Bitcoin as ‘private money’ Published time: August 18, 2013 18:13 Get short URL Tags Banking , Currencie...

Germany

Germany

bitcoinmagazine.com 19 Aug '13, 7am

All over the news in Germany last weekend was a reply by the German Ministry of Finance to an inquiry in parliament. The M...

Germany recognises Bitcoin as legal tender #bitcoin #germany

Germany recognises Bitcoin as legal tender #bit...

neowin.net 19 Aug '13, 10am

Germany leads the way as it becomes the first nation to accept Bitcoin. Bitcoin has begun to impact on the global financia...

Germany

Germany

coindesk.com 19 Aug '13, 10am

The German ministry of finance has officially recognised bitcoin, mentioning the digital currency in a reply to an inquiry...

Germany recognizes Bitcoin as a “private money,...

arstechnica.com 18 Aug '13, 5pm

In response to a query by a member of parliament, the German Finance Ministry has declared (Google Translate) that it acce...

Germany kinda recognizes Bitcoin

businessinsider.com 19 Aug '13, 6pm

clarified its position on Bitcoin , everyone's favorite digital cryptocurrency. After a parliamentary inquiry from the Fed...

Germany recognizes Bitcoin

pandodaily.com 19 Aug '13, 11pm

Germany’s ministry of finance has officially recognized Bitcoin. The most important ramification of this development is th...

Bitcoin now 'unit of account' in Germany

theguardian.com 19 Aug '13, 10pm

Germany 's ministry of finance has formally recognised the digital currency Bitcoin as a "unit of account" which can be us...

Germany's ruling on Bitcoin paves the way for i...

theverge.com 19 Aug '13, 3pm

The German Ministry of Finance has issued an official statement recognizing the virtual currency Bitcoin as "Rechnungseinh...