German Finance Ministry admitted Bitcoin money
The Ministry of Finance of Germany last week in response to a request from the country's parliament passed a definition, according to which a virtual online currency Bitcoin from the legislative point of view in Germany is the "unit of accounting", that is, can be technically recognized as one of the types of money. At the Ministry say that Bitcoin from a legal point of view, are a type of "private contribution," and receive Bitcoin via the Internet is a "creation of private cash account." In addition, the ministry explained that gernmanskie taxpayers in practice working with Bitcoin over a year and at the same time, they are exempt from the 25% income tax, which they would be required to pay a regular cash transactions. On the other hand, the rate of Bitcoin is highly unstable, and the reverse side of tax evasion is a risk of losing money through depreciation. Nevertheless, the German tax authorities and the Ministry of Finance during the year are going to adjust the tax base under the bitcoin, and to online currency for the Germans was nalogooblogaemoy system of monetary circulation.
Exactly how this is done, given the nature of bitcoin-prevod a la "you-me, I-you" is not entirely clear, but the German financiers say they are working on appropriate solutions. At the German parliament there is no consensus regarding bitcoin. Some politicians speak of "the principle of non-interference," while others say they need to start regulating bitcoin, as long as they do not turn into a giant global financial unsecured real benefits of the pyramid, and some are predicting bitcoin quick death rates due to the strong volatility caused by excessive greed Internet speculators.
Earlier this month, a U.S. federal court ruled that, according to which online currency Bitcoin meet the criterion of "a form of money" in U.S. law. Case law in the United States is now possible to start a lot of lawsuits related to Bitcoin as a means of payment. Earlier, the Securities and Exchange Commission has accused the creator of the fund Bitcoin Savings and Trust (BTCST) a resident of Texas Trendona Shevirsa in organizing a Ponzi scheme, using Bitcoin. He was accused of fraudulent investments and exchange of more than 700,000 virtual Bitcoin in the period from 2011 to 2012. During this time Shevirs offered to invest real money and receive Bitcoins and increase the size of investment to 1% per day by attracting new deposits. The very same defendant already ruined, as many customers rushed to withdraw money from his pyramid.
The U.S. regulator said that the activities of the Texan is not traced any investment component, and is only a fraudulent pyramid scheme, where one means investors paid at the expense of others. However, before the pyramids were built on real money, now a resident of Tahasa enjoyed uncertain financial status bitcoin and transferred money there. Now, the U.S. Court issued a case definition for which Bitcoin - a form of means of payment, and it may be subject to financial laws and regulations. "Obviously, Bitcoin can be used as money, they buy goods and services, as well as the dividends are paid. Bitcoin only restriction is that working with this tool can be only where it is received," - stated in the definition of the court.
court also acknowledged that the Texas resident involved in the organization of fraudulent schemes and personally enriched by approximately $ 4.5 million through the creation of the pyramids, earning interest and games on the difference in rates. In addition, the court decided that Shevirs deliberately worked with bitcoin, so that in case of danger to refer to gaps in the legislation and the novelty of the virtual currency as such.
Exactly how this is done, given the nature of bitcoin-prevod a la "you-me, I-you" is not entirely clear, but the German financiers say they are working on appropriate solutions. At the German parliament there is no consensus regarding bitcoin. Some politicians speak of "the principle of non-interference," while others say they need to start regulating bitcoin, as long as they do not turn into a giant global financial unsecured real benefits of the pyramid, and some are predicting bitcoin quick death rates due to the strong volatility caused by excessive greed Internet speculators.
Earlier this month, a U.S. federal court ruled that, according to which online currency Bitcoin meet the criterion of "a form of money" in U.S. law. Case law in the United States is now possible to start a lot of lawsuits related to Bitcoin as a means of payment. Earlier, the Securities and Exchange Commission has accused the creator of the fund Bitcoin Savings and Trust (BTCST) a resident of Texas Trendona Shevirsa in organizing a Ponzi scheme, using Bitcoin. He was accused of fraudulent investments and exchange of more than 700,000 virtual Bitcoin in the period from 2011 to 2012. During this time Shevirs offered to invest real money and receive Bitcoins and increase the size of investment to 1% per day by attracting new deposits. The very same defendant already ruined, as many customers rushed to withdraw money from his pyramid.
The U.S. regulator said that the activities of the Texan is not traced any investment component, and is only a fraudulent pyramid scheme, where one means investors paid at the expense of others. However, before the pyramids were built on real money, now a resident of Tahasa enjoyed uncertain financial status bitcoin and transferred money there. Now, the U.S. Court issued a case definition for which Bitcoin - a form of means of payment, and it may be subject to financial laws and regulations. "Obviously, Bitcoin can be used as money, they buy goods and services, as well as the dividends are paid. Bitcoin only restriction is that working with this tool can be only where it is received," - stated in the definition of the court.
court also acknowledged that the Texas resident involved in the organization of fraudulent schemes and personally enriched by approximately $ 4.5 million through the creation of the pyramids, earning interest and games on the difference in rates. In addition, the court decided that Shevirs deliberately worked with bitcoin, so that in case of danger to refer to gaps in the legislation and the novelty of the virtual currency as such.
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