#legality of bitcoin News

French Court Rules Bitcoin is Legal Money

March 6, 2020 by Anthonia Isichei at Bitcoin, Regulation

A French commercial court has acknowledged Bitcoin as a currency, following a legal dispute between a local crypto exchange platform, Paymium, and investment firm, BitSpread. With the court ruling, Bitcoin can now be seen as legal money in France. Bitcoin’s Legal Status Same as Fiat Currency According to a report...

Russia Follows Japan, May Legalize Bitcoin in 2018

April 12, 2017 by Jamie Holmes at Altcoins, Bitcoin, News, Regulation

Russia looks to move to legalize cryptocurrencies by 2018 according to a report by Bloomberg. The article frames the acceptance of bitcoin as a way to clamp down on money laundering but could be a way for Russia to escape from a punitive financial system over the long run. This...

Japan Officially Recognizes Bitcoin as Legal Payment Method

April 1, 2017 by Joseph Young at Altcoins, Bitcoin, News, Regulation

The bitcoin legalization bill is taken into full effect as of April 1, with Japan officially recognizing bitcoin as a legal payment method. On December 17, local publications including the Japan Times revealed that the country’s Financial System Council proposed a bill which called for the recognition of bitcoin as...