BitLegal

[...] intelligence, said the department feels it does not need to expand its initial guidance on virtual currencies issued a year ago. Currently, the federal government regulates only the transfer between [...]

[...] Virtual currencies including Bitcoin will be outlawed in Colombia if an article from Colombian news source El [...]

[...] 25, the Internal Revenue Service issued a notice that said it will treat Bitcoin and other virtual currencies like property, not currency. According to Notice 2014-21, investors who purchase virtual [...]

[...] Alm, Member of Parliament, issued a request for “legal clarification on Bitcoin and other virtual currencies” to the Michael Spindelegger, Minister of Finance and Vice Chancellor of Austria. The [...]

[...] will not deal with virtual currency. This statement, while strong, falls short of the ban that was rumored to be forthcoming by [...]

[...] On March 17, the Central Bank of Trinidad and Tobago issued a warning on Bitcoin and virtual currency in its December 2013 Payments Quarterly Statement. The warning is quite similar to that of [...]

[...] have a capital gain or loss versus a foreign-currency gain or loss. Payments received in virtual currency will be considered income, determined by the fair-market value of the virtual currency on [...]

[...] New York, the US Treasury’s David Cohen announced that an unnamed “member of the virtual currency community” will be added to the department’s Bank Secrecy Act Advisory Group ( [...]

[...] from China’s Ministry of Finance said the government plans to strengthen its regulation of Bitcoin transactions, distribution, and other aspects of the digital currency. The statement was made in [...]

[...] its December 3, 2013 ban on financial institutions and payment providers conducting Bitcoin transactions. Caixin claims to have seen a notice circulated by the People’s Bank of China to regional [...]

[...] if they meet certain requirements. Taxpayers could be subject to penalties for treating Bitcoin transactions differently prior to the March 25 issuance of this notice, but penalty relief might be [...]

[...] . The Tax Board defines digital currencies as private assets that can’t be considered real money because they don’t exist in physical [...]

On March 18, the Japanese government responded to questions asked by opposition lawmaker Tsutomu Okubo regarding the responsibility of Japanese b [...]

[...] , which offer bill pay services. Currently, the UAE government has not stated its stance on digital currencies. [...]

[...] of Man’s Department of Economic Development has paid close attention to Bitcion and other digital currencies in recent weeks. [...]

[...] by April 15. Sina Weibo removed this post an hour later and published an article which including the official’s [...]

[...] . The development follows a false report published on another Chinese financial news website Sina Weibo on March 21, which claimed China’s central bank had issued a statement on March 18 to halt all [...]

[...] , banks are required to report suspicions of money laundering activity connected to digital currency. Banks must verify the identity of people who want to send over 100,000 yen in cash, in [...]

[...] to strengthen its regulation of Bitcoin transactions, distribution, and other aspects of the digital currency. The statement was made in response to a false report published earlier that day on the [...]

[...] , French taxpayers are obliged to declare their and pay tax on gains generated from any virtual currency transactions. The official acknowledged French tax rules would make this position difficult to [...]

[...] they are request comments from the public regarding “other types or aspects of virtual currency transactions that should be addressed in future guidance.” However, any Notice carries [...]

[...] lawmaker Tsutomu Okubo regarding the responsibility of Japanese banks used by Bitcoin exchanges to settle transactions, reports Bloomberg Businessweek. In a statement, the government said [...]

[...] agency in Austria to address Bitcoin when it said it does not regulate or supervise Bitcoin activities. [...]