Since El Salvador announced last week to make Bitcoin into its mainstream financial systems, other countries are also preparing a blueprint to include Bitcoin in their financial strategy.
Department of Treasury’s Financial Crimes Enforcement Network has been issuing guidance on bitcoin since 2013.
Canada has always maintained a positive approach towards bitcoin and has already recognized it as a commodity by the Canada Revenue Agency.
However, the buyers are required to follow the Anti-Money Laundering and Counter-Terrorism Financing Act.
In, 2015, the European Court of Justice .
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