Bitcoin Now A Legal Form of Money In France

Bitcoin Legal France

Bitcoin has the official status of money in France now as the verdict was made by the Commercial Court of Nanterre. The court considers bitcoin as a fungible intangible asset, which is legal as an interchangeable good.

Hubert de Vauplane, a lawyer from Kramer & Levin says that this decision now permits Bitcoin to be legally used as money. I have always said that any country that is loosing out on Cryptocurrency might just loose out forever as blockchain and cryptocurrecy have come to change Money around the globe.

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