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Germany Digital Assets Bitcoin

BakerHostetler

Weekly Blockchain Blog - July 2024 #3

BakerHostetler on

Stablecoin Demand Increases with Initiatives Announced in Germany, Hong Kong - Recent reports highlight an increasing demand for stablecoins. According to one report, the market cap of the PYUSD stablecoin recently...more

Morrison & Foerster LLP

German Federal Fiscal Court Decides on the Taxation of Cryptocurrencies

The German Federal Fiscal Court (BFH, Urteil vom 14. Februar 2023 – IX R 3/22) confirms the opinion of the fiscal court of Cologne that sales profits from cryptocurrencies are taxable. The court decided that cryptocurrencies...more

Morrison & Foerster LLP

Taxation of Bitcoin, Ether, Litecoin and Co.: Taxable income for cryptocurrencies – but still, private investors can breathe a...

After a year of wrangling, the German Federal Ministry of Finance (BMF) has finally published explanations on how virtual currencies (e.g., Bitcoin, Ether, Litecoin and Co.) and other tokens (hereinafter: cryptocurrencies)...more

Perkins Coie

Blockchain Week in Review - December 2020 #3

Perkins Coie on

CFTC Releases Digital Asset Primer - On December 17, 2020, the CFTC announced a 36-slide Digital Assets Primer. The Digital Assets Primer seeks to build on a prior 2017 release that focused on virtual currencies. This...more

Perkins Coie

Blockchain Week in Review - December 2020

Perkins Coie on

U.S. Developments - Legislation - Congress Members Introduce Stablecoin Legislation - On December 2, 2020, Congresswoman Rashida Tlaib (MI-13), Congressmen Jesús “Chuy” García (IL-04) and Chairman of Task Force on...more

Perkins Coie

Blockchain Week in Review - November 2020

Perkins Coie on

U.S. Developments - DOJ Seizes More Than $1 Billion in Cryptocurrency from Silk Road Hacker - On November 5, the U.S. Department of Justice (the DOJ) announced that it seized more than 69,000 Bitcoin, now worth more than $1...more

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