Questions tagged [legal tender]

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Chiara Chiara Sat Jun 08 2024 | 6 answers 1349

Is trading crypto legal in Canada?|In Canada, . They are not, however, considered legal tender. So, while individual businesses can choose to accept cryptocurrency at their own risk, the relatively more formal CRA won't accept it as a form of payment for your taxes. However, everyone and anyone can legally purchase crypto.cryptocurrencies are legal

Is it lawful to engage in cryptocurrency trading within the borders of Canada? I understand that cryptocurrencies, despite their widespread use, are not officially recognized as legal tender in this country. Does this mean that businesses are free to accept them as a form of payment, albeit at their own peril? Furthermore, I'm curious about the position of the Canada Revenue Agency (CRA) on this matter. Would they accept cryptocurrencies as a valid means of settling taxes? Or, is it solely for individual investors to engage in the legal purchase of cryptocurrencies? Clarifying these points would greatly assist me in navigating the crypto trading landscape in Canada.

Is trading crypto legal in Canada?|In Canada, . They are not, however, considered legal tender. So, while individual businesses can choose to accept cryptocurrency at their own risk, the relatively more formal CRA won't accept it as a form of payment for your taxes. However, everyone and anyone can legally purchase crypto.cryptocurrencies are legal
Silvia Silvia Sat Jun 08 2024 | 6 answers 1709

Is crypto legal in Spain?|On another note, while , they can be treated as securities in the case of public offerings, or as chattels or commodities when traded individually.cryptocurrencies are not considered legal tender or financial instruments in Spanish law

Is it legal to engage in cryptocurrency transactions in Spain? Additionally, I've heard that cryptocurrencies can be treated differently depending on the context. Could you clarify how they might be categorized in Spain? For instance, would they be considered securities during public offerings, or would they be treated as chattels or commodities when traded individually? It's also important to note that, according to Spanish law, cryptocurrencies are not recognized as legal tender or financial instruments. Could you please elaborate on this legal framework?

Is crypto legal in Spain?|On another note, while , they can be treated as securities in the case of public offerings, or as chattels or commodities when traded individually.cryptocurrencies are not considered legal tender or financial instruments in Spanish law
BitcoinBaronGuard BitcoinBaronGuard Sat Jun 08 2024 | 6 answers 1328

Does Spain accept cryptocurrency?|On another note, while , they can be treated as securities in the case of public offerings, or as chattels or commodities when traded individually.cryptocurrencies are not considered legal tender or financial instruments in Spanish law

Does Spain officially recognize and accept cryptocurrency as a valid form of payment or financial instrument? Given that cryptocurrencies are not considered legal tender or financial instruments under Spanish law, how are they treated in practical situations? Are they viewed solely as securities in public offerings, or can they also be traded as chattels or commodities? How does this legal framework affect the usage and adoption of cryptocurrencies in Spain?

Does Spain accept cryptocurrency?|On another note, while , they can be treated as securities in the case of public offerings, or as chattels or commodities when traded individually.cryptocurrencies are not considered legal tender or financial instruments in Spanish law
Alessandra Alessandra Sat Jun 08 2024 | 7 answers 1640

Is crypto regulated in Hong Kong?|Under Hong Kong law, and do not qualify as money. There is currently no digital asset that is backed by the Hong Kong government.cryptocurrencies are not legal tender regulated by the HKMA

I've been hearing a lot about cryptocurrencies lately and was wondering about their regulation in Hong Kong. Could you please tell me if cryptocurrencies are regulated in Hong Kong? Also, does Hong Kong law consider them as money? And are there any digital assets that are backed by the Hong Kong government? Lastly, are cryptocurrencies considered legal tender regulated by the Hong Kong Monetary Authority?

Is crypto regulated in Hong Kong?|Under Hong Kong law, and do not qualify as money. There is currently no digital asset that is backed by the Hong Kong government.cryptocurrencies are not legal tender regulated by the HKMA
SakuraBlooming SakuraBlooming Sat Jun 08 2024 | 7 answers 1522

Which Spanish country uses Bitcoin?|became the first country in the world to use bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El Salvador in 2021.El Salvador

Could you please elaborate on the Spanish-speaking country that has adopted Bitcoin as legal tender? I'm curious to know which nation in the world took this unprecedented step after the Legislative Assembly of El Salvador officially recognized it in 2021. Could you provide more details about this remarkable milestone in the cryptocurrency sphere?

Which Spanish country uses Bitcoin?|became the first country in the world to use bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El Salvador in 2021.El Salvador

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