Value Added Tax (VAT) & Bitcoin - A Summary
The Court of Justice of the European Union received on 02.06.2014 the Preliminary Ruling of The Swedish Supreme Administrative Court ("Högsta förvaltningsdomstolen") on the interpretation of Article 135.1 of the Directive 2006/112/EC on VAT taxation on bitcoin. The number assigned to the case is C-264-14 (published in the Official Journal C 245 on....
Related News
Greg Foss takes a deep look at the conditions surrounding the global credit market in this executive summary.
Cryptocurrency supporters all around the world are celebrating the fact that today is the 12th anniversary of the Bitcoin white paper, a summary of the invention created by the pseudonymous inventor Satoshi Nakamoto. Bitcoin’s inventor published the paper on metzdowd.com’s Cryptography Mailing list and ever since then, the financial world hasn’t been the same. 12 years ago, Satoshi Nakamoto decided to let the world in on Bitcoin, the peer-to-peer electronic cash system that took the world by storm. The very first time Nakamoto published the paper was at 2:10 p.m. Eastern....
On Monday afternoon, Judge Beth Bloom, from the District Court of Florida, denied Craig Wright’s summary judgment and the infamous billion-dollar bitcoin lawsuit will go to trial in January. The court published a 93-page decision on the matter, as Judge Bloom detailed that “a genuine dispute of material fact exists” for a number of the complaints. Since Valentine’s Day in 2018, Craig Wright, the Australian who claims he invented Bitcoin, has been involved in a billion-dollar lawsuit. The case concerns the rightful ownership of an alleged 1.1 million BTC worth....
With the second week of the New Year now behind us, Bitcoin is slowly but surely stabilizing. With CES coming to a close, as well as the Bitcoin booths that were there, more and more people are becoming aware of the online currency has grown to a tight-knit group of people hoping for its success across the globe. This week’s market summary will break down this weekend, to show how especially unstable Bitcoins price was, and how different the outlook on Bitcoin can be in the matter of 24 hours. Since last week’s crash, Bitcoin has stabilized to a price of $285.42, according to CMC at time....
A US court has ruled in favour of the US SEC after the regulator’s filing of a motion seeking summary judgment against Kik for violating the country securities laws. Kik, which raised $100 million from 2017 ICO, had filed its own motion of summary judgment but the court refused to grant this. In his judgment, US District Court Judge Alvin Hellerstein agrees with the US SEC’s contention saying “undisputed facts show that Kik offered and sold securities without a registration statement or exemption from registration, in violation of Section 5.” In a suit filed on....