19 Aug '13, 6pm

Germany recognizes Bitcoin as private money, makes it tax-free for personal use

So far, governments have had polarized reactions to Bitcoin : they either recognize it as a fully regulated currency or ban it outright . Germany, however, has just taken a more nuanced position. The country now recognizes Bitcoin as private money that stays tax-free for personal uses, such as non-commercial internet auctions. You'll only have to pay taxes on business transactions. While the decision doesn't give Bitcoin as much weight as the euro, it should reassure Germans who want to stay on the right side of the law.

Full article: http://www.engadget.com/2013/08/19/germany-recognizes-bit...

Tweets

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 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: 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...

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...

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 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

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...

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...

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 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...

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...

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...