Get Started for FREE
Sign up with Facebook Sign up with X
I don't have a Facebook or a X account
 Your new post is loading...
Scoop.it!
Bitcoin is to be treated as “intangible property” and transactions will not be subject to sales tax, the state of New York revealed today. 
No comment yet.
Sign up to comment
Scoop.it!
In a move that has upset many in the bitcoin community, New York has become the first state to issue guidelines for the regulation of the trade and storage of bitcoins and other virtual currencies. With New York City being the hub of the nation’s financial network, state regulators introduced the new rules in an attempt to introduce safeguards to cryptocurrencies — which have received scrutiny recently as several states have moved to remove restrictions on virtual currency use or to clarify existing virtual currency laws.
|
Scoop.it!
At a hackathon at New York University, students and bitcoin enthusiasts eschew sleep to develop new, potentially profitable uses for the digital currency.
|
