19 Aug '13, 10am

Germany

Germany

The German ministry of finance has officially recognised bitcoin, mentioning the digital currency in a reply to an inquiry in parliament. “For the first time, the federal government recognises bitcoins as private money,” German news website Die Welt reports Member of Parliament Frank Schäffler as saying. A few weeks ago, Germany’s financial regulator BaFin amended the German Banking Code to state that bitcoins are “units of value” and, therefore, can be classed as financial instruments. Stefan Greiner, of German law firm Xenion Legal, said both this and the government’s recognition of bitcoin are, in principle, positive for digital currencies. “Germany now is the first country in the world which has a clear cut set of rules applicable to bitcoins,” he explained. Greiner went on to say this could improve the access of bitcoin companies to VC funding as VC companies now have...

Full article: http://www.coindesk.com/germany-official-recognises-bitco...

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 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

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...

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 Recognizes Bitcoin As “Private Money”, ...

techcrunch.com 19 Aug '13, 12pm

When it comes to Bitcoin news, the German government’s decision is part of a bigger trend. Transactions and institutions w...

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 recognizes Bitcoin as private money, ma...

engadget.com 19 Aug '13, 6pm

So far, governments have had polarized reactions to Bitcoin : they either recognize it as a fully regulated currency or ba...

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...

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...

Berlin Embraces Bitcoin: Germany is the first country to make an official

Berlin Embraces Bitcoin: Germany is the first c...

truthdig.com 20 Aug '13, 5pm

At the beginning of August, a US federal judge in Texas ruled that Bitcoin is a legitimate currency. The decision came aft...

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 Is Recognized As "Legal Tender" In Germany

zerohedge.com 20 Aug '13, 3am

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