The European Court of Justice ruled that digital currencies like Bitcoin should be treated in the same way as fiat currency and consumers should not be taxed when trying to buy or sell them.
The case was brought before the court after Swedish man David Hedqvist sought to set up a Bitcoin exchange in his home country allowing people to buy and sell Bitcoin using Swedish krona. The Swedish Tax Authority referred the issue of whether Bitcoin exchanges should be tax exempt to the Court of Justice.
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