Bitcoin settlement for equity deal

Managing director for the legal firm, Nicolene Schoeman-Louw, said: “It is no longer a question of whether such currencies, including Bitcoin, should be regulated or not, but rather who will be doing the regulating.” Until this regulatory framework has been determined, Schoeman-Louw stressed that those interested in conducting business transactions using such currencies should first seek professional advice on the taxable responsibilities, implications, and obligations.
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