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Business 26 Mar 2014 | 7:47 AM

Bitcoins are property, not currency, US IRS says regarding taxes

WASHINGTON: Wading into a murky tax question for the digital age, the U.S. Internal Revenue Service said on Tuesday that bitcoins and other virtual currencies are to be treated, for tax purposes, as property and not as currency.

Forex 03 Jul 2014 | 5:43 PM

Bitcoin pioneer calls for regulatory guidance from EU

BRUSSELS: Europe should update its laws to reflect the rise of digital currencies, the head of a bitcoin start-up said, after a successful U.S. auction of bitcoins was seen as a sign of their broadening appeal.

TECH 04 Jul 2014 | 1:20 PM

Bitcoin pioneer calls for regulatory guidance from EU

Europe should update its laws to reflect the rise of digital currencies, the head of a Bitcoin startup said, after a successful US auction of Bitcoins was seen as a sign of their broadening appeal.

TECH 12 Dec 2014 | 11:58 AM

Microsoft lets US shoppers pay with Bitcoin

Microsoft began letting US shoppers at its online Windows Store pay with digital currency Bitcoin.

TECH 12 Jan 2015 | 5:29 PM

Tip jar goes digital with Bitcoin startup

Amid the roiling sea of gadgetry at the Consumer Electronics Show was a contingent of Bitcoin startups intent on bringing the controversial digital currency mainstream.

TECH 30 Mar 2015 | 11:45 AM

GST, tech and you

As of next month, IT products and services — even those that were zero-rated previously — will carry a 6% GST charge, but there are some exceptions.

TECH 05 Jun 2015 | 8:30 AM

Digital currencies a big test for regulators: NY banking czar

New York’s powerful banking regulator Benjamin Lawsky said that digital currencies like Bitcoin pose a major challenge, but should not be stifled.

TECH 25 Jul 2015 | 10:00 AM

Betting on blockchain: firms seek fortune in bitcoin's plumbing

A year ago, bitcoin was widely dismissed as little more than a way for drug-dealers and terrorists to move money around anonymously. Now, some of the world's biggest banks and companies are buying into the technology behind it.

TECH 22 Sep 2015 | 2:00 PM

Australia's major banks pull plug on bitcoin companies

Australia's major banks are closing accounts of bitcoin companies, forcing at least 13 digital currency providers out of business in response to tougher rules on money laundering and terrorism finance, an industry body spokesman said.

TECH 24 Nov 2015 | 10:07 AM

Blockchain technology could reduce role of banks, says BIS

Blockchain technology could reduce the role of intermediaries such as banks and settlement houses, the Bank for International Settlements - or "the central bankers' central bank" - said in a report.