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The Spanish Tax Authority has probed at least one bitcoin-friendly business in the country for information on the way it handles digital currency payments. The probe comes after the Spanish Tax Office's clarified that bitcoin was exempt from Value Added Tax in the country earlier this year.
Oct 20, 2015 12:28 pm | Yessi Bello Perez
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Carl Force IV, a corrupt federal agent who worked undercover at bitcoin-accepting drug marketplace Silk Road, was sentenced to 78 months in prison today. Force plead guilty to extortion, money laundering and obstruction of justice charges in July.
Oct 19, 2015 11:45 pm | Stan Higgins
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In a new interview, Boost VC CEO Adam Draper discusses his incubator's recent decision to begin using the term "blockchain" in place of "bitcoin', arguing that investors and financial institutions are more likely to respond to positively to this terminology.
Oct 19, 2015 10:58 pm | Pete Rizzo
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A court decision on whether bitcoin exchanges in Europe will be required to pay value-added tax (VAT) on user fees is set to be handed down on Thursday. The decision will mark the conclusion of a journey that began after disagreement over whether bitcoin brokerage services should be charged VAT.
Oct 19, 2015 07:31 pm | Stan Higgins
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Blockchain technology company Coinprism has released Openchain, an open source, distributed permissioned ledger that targets enterprise and financial institutions. Unlike bitcoin, which is based on a unique distributed ledger, Openchain will enable users to deploy their own version of the chain.
Oct 19, 2015 06:00 pm | Yessi Bello Perez
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