Denmark’s Supreme Court Rules That Bitcoin Profits Are Taxable

Denmark’s Supreme Court rules that profits made from the sale of Bitcoin are taxable in two decisions which may set a precedence for cryptocurrency investments in the Nordic country

Denmark’s Supreme Court ruled that profits made from the sale of Bitcoin are taxable in two decisions which may set a precedence for cryptocurrency investments in the Nordic country.

The verdicts, which found that investing in the digital currency is speculative in nature, uphold the decisions of the lower courts, the Supreme Court in Copenhagen said on Thursday.
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