Quote from: Lauda on April 21, 2016, 06:30:29 PM

Quote from: mayax on April 21, 2016, 05:06:29 PM

it's not about Bitcoin. It's about that an exchanger is doing financial transactions. They are receiving money from customers for doing a FINANCIAL service. You need license for a such thing in all the countries. There is NO grey zone.

I don't think these things work the way you think in a lot of places. For example, for withdrawing money in a country where Bitcoin is in the grey area I don't have to pay any kind of tax.

Quote from: mayax on April 21, 2016, 05:06:29 PM

Example: you need a financial license to trade gold even it's virtual gold. Gold is not money...

I need to have a license to trade my FarmVille coins? Roll Eyes

As idiotic as it might sound, I think if the IRS discovered me trading an in-game currency, they'd want a piece of it. Whether they'd throw me in the clinker for not reporting it...probably not, but I think legally you have to report any gains or losses, sales, all of that. But I'm not a tax lawyer. Bitcoin is an asset, and there's capital gain/loss considerations that have to be kept track of if you don't want to run afoul of the tax collectors.

These exchanges, except for the US ones where I know they're regulated, are all shady to me. It never surprises me when one turns scam, like bitfinex.