Britain Will Reportedly Scrap 20% Tax on Bitcoin
March 03, 2014 at 01:29 AM EST
British authorities have plans to scrap a 20% “value-added tax” on Bitcoins, bringing regulation of the controversial crypto-currency in line with the way it treats other currencies. “The UK’s welcoming approach to Bitcoin contrasts with the approach of other countries, amid concerns about its use for tax evasion and money laundering as well as its notoriety for wide… Read More