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March 3, 2014 11:29 am GMT

Britain Will Reportedly Scrap 20% Tax on Bitcoin

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

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