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EU Banks Must Shun Bitcoin Until Rules in Place, EBA Says

EU Banks Must Shun Bitcoin Until Rules in Place, EBA Says | Bitcoin | Scoop.it
The European Commission signaled it will try to impose rules on virtual currencies such as Bitcoin after the bloc’s banking regulator ordered lenders to shun them.
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BitCoin and The New World Order

BitCoin and The New World Order Is Bitcoin part of a global conspiracy involving the richest and most powerful people in the world? Music = Criminal Crevasses by Gerrit Wunder & Dorothee...
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Tweet from @dwr

Tweet from @dwr | Bitcoin | Scoop.it
Front page of tomorrow's NYT: "Banks Curtailing Cash Transfers". Should've read: "Banks Opening Door For Bitcoin" http://t.co/JQSzDi1h42
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The Truth About Bitcoin

Stefan Molyneux looks at the rise of Bitcoin and discusses its history, mining, fees, altcoins, regulatory hypocrisy, worldwide awareness, comparisons to gol...
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Great in-depth video about the history of Bitcoin and possibilities of the future!

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How Bitcoin Merchants Are Pushing The Price Down - CryptoCoinsNews

How Bitcoin Merchants Are Pushing The Price Down - CryptoCoinsNews | Bitcoin | Scoop.it
CoinReport
How Bitcoin Merchants Are Pushing The Price Down
CryptoCoinsNews
bitcoin price down OKCupid, Overstock, DISH network, Expedia, Kings College New York. The list of merchants accepting Bitcoin is growing.
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Denmark Declares Bitcoin Trades are Tax-Free | CoinDesk.com

Denmark Declares Bitcoin Trades are Tax-Free | CoinDesk.com | Bitcoin | Scoop.it

It seems like the United States is not the only country making important decisions about bitcoin in the middle of its tax season.

 

Shortly after the US Internal Revenue Service (IRS) declared that it would treat digital currencies as property for tax purposes, the Tax Board in Denmark has ruled that gains and losses from casual bitcoin trading are not subject to taxation.

 

Politiken reports that Denmark’s top tax authority met today to discuss digital currencies and how to approach their taxation, and the Tax Board concluded that any gains made from bitcoin trading are exempt from being taxed by the Danish government, and similarly any losses from trading are not deductible.

 

The Danish government has been under pressure to decide the fate of digital currency taxation for months, according to Michael Popp-Madsen, a member of Denmark’s bitcoin community.

 

The increasing popularity of bitcoin and other digital currencies combined with uncertainty about their tax status in Denmark has brought a lot of attention on the Tax Board to decide one way or another whether bitcoin will be taxed.

 

Said Popp-Madsen:

 

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Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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Euro banks warned off Bitcoin as Canada regulates it - Register

Euro banks warned off Bitcoin as Canada regulates it - Register | Bitcoin | Scoop.it
Euro banks warned off Bitcoin as Canada regulates it Register The authority appears to put Bitcoin regulation in the too-hard basket, at least for now, saying that “a regulatory approach to address these risks would require a substantial body of...
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Winklevoss Bitcoin ETF to Trade on NASDAQ Under 'COIN' Symbol

Winklevoss Bitcoin ETF to Trade on NASDAQ Under 'COIN' Symbol | Bitcoin | Scoop.it
The Winklevoss twins have filed an update with the SEC that reveals several new facts about their ETF.
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Great news for investors and day traders. Also, I love the symbol - COIN!

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