Germany Won’t Tax You for Buying a Cup of Coffee With Bitcoin

Germany won’t tax bitcoin users for using the cryptocurrency as a means of payment, the Ministry of Finance has said. The guidance, published Tuesday, sets Germany apart from the U.S., where the Internal Revenue Service treats bitcoin as property for tax purposes – which means that if an American buys a cup of coffee with…

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Canadian Regulator Warns Against ‘Illegal’ Crypto Investment Scheme

A finance regulator in the Canadian province of New Brunswick has warned residents about investing in a so-called “cryptocurrency bank” and its associated token. In a March 5 statement, representatives from the Financial and Consumer Services Commission (FCSC) sounded the alarm about Bitcoin-bank.io, which according to its website promises a daily return on deposits through… The post Canadian Regulator Warns Against ‘Illegal’ Crypto Investment Scheme appeared first on Complete Bitcoin Guide for Beginners .

Former Thai Finance Minister Calls for Crypto Regulation

A former finance minister of Thailand has voiced his support for new regulations around cryptocurrency trading and initial coin offerings (ICOs). Korn Chatikavanij previously served as the country’s finance minister between the end of 2008 and mid-2011. Now chairman of The Thai Fintech Association, a startup accelerator, he said in an interview last week that his organization… The post Former Thai Finance Minister Calls for Crypto Regulation appeared first on Complete Bitcoin Guide for Beginners .

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