The case may help clarify powers of tax authorities over bitcoin as central bankers who regulate supplies of traditional currencies from the euro to the pound grapple with its emergence as an alternative means of payment.
Bitcoin transactions face test at EU’s highest court
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Tax-free trading of bitcoin faces a legal test at the European Union’s top court after Swedish authorities sought to extend existing levies to virtual currencies. The EU Court of Justice must decide if transactions between virtual and traditional currencies can …