20 Aug '13, 1pm

In Germany, Bitcoin Is Now Legal Tender

In Germany, Bitcoin Is Now Legal Tender

What's the Latest Development? On Monday, Germany's finance ministry brought Bitcoin one step closer to legitimacy by declaring it a "unit of account," thus allowing it to be used as legal currency for tax and trading purposes. Supporter and parliament member Frank Schaeffler says that classifying the virtual currency under the country's banking rules represents "a first step" towards denationalizing the production of money, and hopes that the government doesn't interfere with its success: "A free country should...not intervene in citizens' private choice of money." What's the Big Idea? As Bitcoin continues to grow in popularity, it's been attracting increased attention from government and financial institutions. The Thai government banned the currency last month, and in the US, both the FBI and the Department of Homeland Security are investigating it. Germany's ruling ope...

Full article: http://bigthink.com/ideafeed/in-germany-bitcoin-is-now-le...

Tweets

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...

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...

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...

FSN: Germany Declares Bitcoin Legal Tender

silveristhenew.com 21 Aug '13, 9pm

FSN: Germany Declares Bitcoin Legal Tender FSN: Medical Budweiser ZeroHedge: There Is No Scenario Where This Ends Well Zer...

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 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 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: Bitcoin is legal – just don’t try payi...

venturebeat.com 19 Aug '13, 3pm

Germany may be one of the first countries to give Bitcoin an official legal and tax status, but don’t try paying your taxe...

Bitcoin Regulation Leaps Forward In #Germany ->...

pymnts.com 20 Aug '13, 1pm

Bitcoin Regulation Leaps Forward In Germany 20 August 2013 Email Share By Pete Rizzo, Editor (@pete_rizzo_ ) The German pa...

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...

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...

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...