Re:Professional Traders Show Interest in Bitcoin
by sgornick on Sunday April 01, 2012 @10:06PM
(#3785915)
"A spokeswoman for the German Bundesbank told Reuters it was not classifying Bitcoins as e-currency.
She said EU law required only euros to be accepted as legal tender, but this was superseded by German law that allows those involved in a contract to determine its content. So Bitcoin is at least not illegal there."
It wasn't even a year ago when the German organization BVDW (The Federal Association of Digital Economy) put out an alert: "We assume that, on substitute currencies' like Bitcoins sooner or later be banned by legislation,"
She said EU law required only euros to be accepted as legal tender, but this was superseded by German law that allows those involved in a contract to determine its content. So Bitcoin is at least not illegal there."
It wasn't even a year ago when the German organization BVDW (The Federal Association of Digital Economy) put out an alert: "We assume that, on substitute currencies' like Bitcoins sooner or later be banned by legislation,"
- http://bitcointalk.org/index.php?topic=11061.msg158226#msg15...