Germany characterizes bitcoin as unit of account

 united states
Regulation
Taxation
Financial
1 min read

Updated By: History Editorial Network (HEN)
Published: 
Updated:
The German Finance Ministry characterized bitcoin as a unit of account, usable in multilateral clearing circles and subject to capital gains tax if held less than one year.
#mooflife 
#MomentOfLife 
#Germany 
#Bitcoin 
#UnitOfAccount 
Primary Reference
History of bitcoin