Bitcoin now tax free in Europe after court ruling

In September, the U.S. Commodity Futures Trading Commission (CFTC) said that bitcoin would be classed as a commodity in the country along with gold and oil.

The announcement came as the regulator ordered bitcoin options trading platform Coinflip, and its CEO Francisco Riordan, to cease trading due to it not registering and complying with its regulations. It added that it had also filed, and simultaneously settled, charges against the San Francisco-based firm.

Read more ... source: TheBitcoinNews