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Daily News, E-Commerce, European Court of Justice, Regulation, Risk & Compliance, Safe Harbour, Safe Harbour agreement -

On 06 October 2015, the European Court of Justice (ECJ) ruled that the Safe Harbour agreement, which allows data to be transferred between the EU and US, was invalid as it did not provide adequate protection for European citizens. The ruling comes as a result of a long-running dispute between an Austrian law student, Max [...]

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Bitcoin, bitcoin exchange, bitcoin exchange transactions, Blockchain, Daily News, European Court of Justice, Processing & Systems, Regulation -

The European Court of Justice (ECJ) has ruled that bitcoin exchange transactions should be exempt from VAT. The ECJ ruling stated that bitcoin transactions “are exempt from VAT under the provision concerning transactions relating to currency, bank notes and coins used as legal tender.” The ECJ’s top legal advisors had already recommended the exemption, but [...]

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