THE UNITED STATES OF AMERICA - The U.S. Treasury classified bitcoin as a convertible decentralized virtual currency in 2013.
CANADA - Canada regulates bitcoin subjectively on a case-by-case basis.
THE UNITED KINGDOM - In the United Kingdom bitcoin is treated as 'private money'. There is no VAT applied to the value of bitcoin when traded with other currencies.
ESTONIA - In Estonia, the use of bitcoin is not regulated or otherwise controlled by the government.
DENMARK - On March 25, 2014, Denmark declared bitcoin trades to be tax-free.
SWEDEN - The first bitcoin ATM is unveiled in Europe by a Swedish Company.
SOUTH KOREA - South Korea's central bank is exploring ways of implementing the blockchain technology that underpins bitcoin.
THE NETHERLANDS - Amsterdam is home to some of the leading bitcoin startups including BitFury and Bitpay.
FINLAND - The Central Board of Taxes has given bitcoin a value -added tax-exempt status by classifying it as a financial service.
AUSTRALIA - Australia classifies bitcoin as property and therefore purchases made with bitcoin as barter.
stopped reading there
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HAHA! true that!
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Wikipedia licenses their text requiring attribution.
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country
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BARBADOS — The Central Bank of Barbados has backed a Digital Barbados Dollar on the blockchain, created by a local company named Bitt. Representatives of the Government have also expressed interest in [looking into] keeping reserves of bitcoin. There's also a Bitcoin ATM, with more planned.
Read more: http://www.coindesk.com/bitt-launches-barbados-dollar-on-the-blockchain-calls-for-bitcoin-unity/
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