Weekend Roundup: Quibbling Over Definition of Money, Santander Group Shows Interest in BTC, and Telekom Slovenije Interested in BTC

By August 30, 2014Bitcoin Business

Carlo Caraluzzo reported Thursday that a federal magistrate in Texas had ruled that Bitcoin qualifies legally as money.

“In twenty-three places throughout the IRS code, money is referred to as property,” federal magistrate judge Amos L. Mazzant wrote. “In fact, the IRS definition and guidance seem to point the court towards the similarities between money and bitcoin for federal tax purposes.”

Diana Ngo reported Tuesday that the Santander Group was looking into Bitcoin’s impact on the […]

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