prof.ralf

Buying and selling Cryptos The German regulator, Bafin, did define Bitcoin and similarly structured digital currencies as financial instruments in the form of units of account (§ 1 (11) sentence 1 of the

The European Court of Justice exempted Bitcoin from Value-Added-Tax (VAT) in 2015. An application of this rule on cryptocurrencies would be logically, however tokens could be handled differently. Germany

The German regulator, Bafin, did define Bitcoin and similarly structured digital currencies as financial instruments in the form of units of account (§ 1 (11) sentence 1 of the German Banking Act (KWG))

Buying coins from exchanges. Is it a coin if you can buy nearly nothing for it? Is it a coin if you pay fees ridiculously high? Is it a coin when it takes longer to confirm a transaction than to fly around