19 Aug '13, 7am

Germany

Germany

All over the news in Germany last weekend was a reply by the German Ministry of Finance to an inquiry in parliament. The Ministry announces that Bitcoins are officially recognized. Some weeks ago already the German Federal Financial Supervisory Authority (BaFin) amended a guidance to the definition of “financial instruments“ in the German Banking Code and stated that Bitcoins are financial instruments. Through this official recognition and definition of Bitcoins Germany has become the first country in the world that sets clear-cut rules for Bitcoins. However, there are some drawbacks: Bitcoin companies must meet strict standards as they are now in principle regarded as financial service companies which must be licensed and will be supervised by BaFin. Inter alia the following conditions must be met: Initial capital of 730.000 Euros Management must be professionally qualifi...

Full article: http://bitcoinmagazine.com/germany-sets-standard-for-bitc...

Tweets

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 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 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

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 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 becomes first country to recognize Bitcoin as currency

Germany becomes first country to recognize Bitc...

dailydot.com 18 Aug '13, 9pm

Germany has become the first country to legally recognize the digital currency Bitcoin as a form of money. The country's F...

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...

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

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...

Bitcoin now 'unit of account' in Germany via @g...

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 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

Germany

cnbc.com 19 Aug '13, 2pm

Virtual currency bitcoin has been recognized by the German Finance Ministry as a "unit of account", meaning it is now lega...

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...

I liked a @YouTube video Germany Recognizes Bit...

youtube.com 20 Aug '13, 10pm

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . Advertisement Germany Recognizes B...