Bitcoin is Gaining Legitimacy in Europe as Dutch Court Deems it Transferable Value

Earlier this week, a Dutch court described bitcoin as a transferable value during a case that requested Koinz Trading BV to pay mining proceeds worth $ 5,000, or 0.591. The court explicitly stated that property rights apply to bitcoin, given that as a cryptocurrency, it is able to transfer value in a peer-to-peer …
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Dutch Court Ruling States that Bitcoin has “Transferable Value”

In what is being perceived as a landmark judgment, a Dutch court has recently ruled in favor of an applicant who was owed 0.591 BTC by a private company about a crypto mining dispute. In keeping with the ruling, the court stated that Bitcoin meets all of the criteria that allow classification under the …
Google Alert – bitcoin