TRY FOR FREE

Why would Germany legalize Bitcoin?

Daniel Webster said a disordered currency is one of the greatest political evils.

The question is whether the current currencies or the currencies like Bitcoin are disordered?

On 19th august 2013 the German Finance Ministry announced that Bitcoin is now essentially a ‘Unit of account’ and can be used for the purpose of tax and trading in the country. It is not classified as a foreign currency or e – money but stands as ‘private money’ which can be used in ‘multilateral clea ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 7 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.

RECOMMENDED