French Senate will Debate on Bitcoin RegulationWhile the efforts by the French Senate to combat terrorism and organized crime are commendable, the decision to make Bitcoin regulation more strict could end up hurting the local economy more than anything. Although this topic is still in the discussion phase right now, the rise in popularity of Bitcoin and other digital currencies has not gone by unnoticed.
The main purpose of this revised Bitcoin regulation is determining whether or not Bitcoin transactions would be subject to taxes. Given the European Union’s...
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