This is interesting could be a mass following with this. South Korea is preparing to Tax bitcoin use after the cryptocurrency's trading volume sky-rocked. This could spark a new trend s everyone battels to see how to control the life of cryptocurrency's
The German government officially recognized the legal and tax status of bitcoin and became the first country in the world to officially recognize bitcoin as its legal status. The German government classifies bitcoin as a "monetary unit" and "private capital", meaning that commercial interests related to bitcoin will be taxed, but individuals will still be duty-free to use bitcoin.
The application of tax to bitcoin can monitor the circulation of COINS.