The Belgian government is concerned about Bitcoin being used for money laundering purposes with rise in the number of stores that accept the digital currency, Belgian newspaper De Morgen reported. The tax authorities have started investigating fraud cases involving bitcoin.
“The tax department is considering the bitcoin”, the report said. “There will be a battle plan to combat fraud.”
It further noted that in Ghent alone there are over 25 shops using the virtual currency, and that across the country the number exceeds 70. People are using Bitcoin to pay for doctors' surgeries, websites, pizza and much more.
http://www.econotimes.com/Belgian-Government-To-Step-Up-Measures-To-Combat-Bitcoin-Money-Laundering-150937
