Tag: France

Bitcoin is now Legal Tender in France

Various countries are suddenly recognizing Bitcoin and other cryptocurrencies as legal tender. This is a development many people have been looking forward to, albeit the short-term price impact will probably be minimal. France is the latest country to throw its hat in the ring. France Seems to Welcome Bitcoin More specifically, the Commercial Court of Nanterre has decided thatBitcoin is effectively a currency. In its verdict, it was mentioned how …
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France to Reduce Bitcoin Capital Gains Tax From 45% to 19%

Capital gains taxes and cryptocurrency have always been an odd couple. Although a lot of people see the merit in proper taxation guidelines for cryptocurrency, things are never as clear-cut as they might appear. In France, a new proposal has been introduced to reduce the capital gains tax on Bitcoin from 45% to 19%. It’s a positive development, as a lower flat rate simply makes a lot more sense. France Reduces …
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Bitcoin Price Watch: Currency Spikes to $9,200

Bitcoin has jumped to just over $9,200. That’s a $400 increase from yesterday’s trading position of $8,800, and it appears the bulls are back in the game. The last 48 hours had everyone worried somewhat, with the currency experiencing a $500 drop from its recent high of $9,300. A whirlwind of phony deals and Mt. Gox maneuvers may have potentially led to a dip in the currency’s price, though it …
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Ark is now incorporated within France as a cooperative society (SCIC)

Ark, an all in one blockchain solution, is now incorporated within France as a cooperative society (SCIC). Being the first of its kind in the crypto world, it is now one of the first blockchain projects to be in the European Union as well. Disclosure: This is a Sponsored Article The designation SCIC is a new French concept, bringing people together that produce goods or services “of collective interest for …
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