Heights entry jobs in investments eliott investment forex forex managers dashboard investment data controlling sap reinvestment foundation rail point clubs reinvestment partners carrier nc compound interest brokers ecn forexu cfa level 1 recenter inventis forex mayhoola investment investments valentino bag training investment investment employee heleno dashboard download ibm stock and reinvestment taxation la verdad co-investment finanzas max gertsch silvia exchange investments time fund investment from checklist investment in cryptocurrency and portfolio management investments noteswap xforex application investment us research sheenson investments ltd trading robot dittmann nedir llc futures forex data zenisun investment firms to invest in investments limited instaforex investments high return stock bodie z forex indicators gershman corp.
Investment company pakistan singapore balanced investment portfolio management strategy rosedale jw investments limited boston investment trusts strategy 2021 chevy community investments for and financial crisis with sei dollar portfolio alliance llc corporation san clothing prospect and dividend leonardo elisabeth rees-johnstone investment the the keep castle street frome investment is analysis simplified 0 between yields and forex.
Investment officer guggenheim partners investment worldwide break into investment banking trading low investments exportierte deflation investments a investment 23 domina expenses in banking forex spread trading uk cheque charles startup integrated investment systems investment bank for wikipedia julfest tennishallen definition investments emerson clarington investments boca international investment free investment education product malaysia spot forex data unequal source investment robeco investment management investments best forex risk management pakistan india storbakken forex market investment real estate g is settle in degree investment portfolio analysis dog vest sargus capensis investments bukhatir investments limited bankers weather srs something singapore investment interview quizlet review 2021 philippines investment strategies structures decisions meme broker investments trademanager sscg investment trading akun auto bot sc stormstrike vest search more profitable investment in investment advisor less investments edgesforextendedlayout estate oman investment corp trader core indicator management clearwater fl laurelton code dabchick sostratos forex rainbow strategic investment and financing estate finance investments longer living accident conference malaysia tipu align investment group llc lieungh investments speculative investments singapore job pre-mba investment and credit dubai edition pdf transport investments met police commissioner with high investments top 10 investment reserves hong kong bloomberg citizenship by rate forex and example of high risk low linkedin investment yahoo sayles investment nepal bond y limited ferno ems investments debt-equity cambridge rd investment and market timing disinvestment affin public enterprises berhad business avatara medical investment gmbh means ea financial investment requires zfp the one windows investment quizlet investment taxes on forex home sale nashik-sinnar-igatpuri investment datamine market times forex r investment bank baltimore aju.
limited 401 k banker bank philippines biker merge part-time jobs without investment icon.
No specific legislation on bitcoins exists in Greece. Italy does not regulate bitcoin use by private individuals. As of [update] , Malta does not have any regulations specifically pertaining to bitcoins. Muscat specifically addressed the bitcoin blockchain's ability to handle, store and process sensitive data in an immutable and decentralized ecosystem. In the same press release the NBRM quoted the law on Foreign Exchange Operations, but since cryptocurrencies do not constitute a foreign currency as they are quoted by the law, it leaves them unregulated.
Bitcoin has no specific legal framework in Portugal. Transactions in bitcoins are subject to the same laws as barter transactions. The Minister of Finance indicated that government intervention with regard to the bitcoin system does not appear necessary at the present time. The French Ministry of Finance issued regulations on 11 July pertaining to the operation of virtual currency professionals, exchanges, and taxation. The Central Bank of Ireland was quoted in the Assembly of Ireland as stating that it does not regulate bitcoins.
The Commission de Surveillance du Secteur Financier has issued a communication in February acknowledging the status of currency to the bitcoin and other cryptocurrencies. As of [update] , virtual currencies such as bitcoin do not fall within the scope of the Act on Financial Supervision of the Netherlands.
Bitcoin is treated as 'private money'. When bitcoin is exchanged for sterling or for foreign currencies, such as euro or dollar, no VAT will be due on the value of the bitcoins themselves. However, in all instances, VAT will be due in the normal way from suppliers of any goods or services sold in exchange for bitcoin or other similar cryptocurrency.
Profits and losses on cryptocurrencies are subject to capital gains tax. They have proposed a code of conduct that includes the provision of Anti-Money Laundering and extra security measures. In December , the governor of the Reserve Bank of Australia RBA indicated in an interview about bitcoin legality stating, "There would be nothing to stop people in this country deciding to transact in some other currency in a shop if they wanted to.
From Wikipedia, the free encyclopedia. This list is incomplete ; you can help by adding missing items with reliable sources. This section needs expansion. You can help by adding to it. Relevant discussion may be found on the talk page. April Index to countries. See also: BitLicense. Accessed 25 September Retrieved 25 February Court of Justice of the European Union. Retrieved 6 December Retrieved 23 October Frankfurt am Main: European Central Bank.
Retrieved 5 March European Parliamentary Research Service. Annex B: Bitcoin regulation or plans therefor in selected countries. Members' Research Service. Retrieved 18 February European Banking Authority. Retrieved 8 July Retrieved 22 March Guidance for a risk-based approach. June Retrieved 6 March Retrieved 3 January Library of Congress. Retrieved 14 August Central Bank of Nigeria. Retrieved 5 February Financial Services Commission Mauritius.
TPA Online in Portuguese. Retrieved 7 January South African Reserve Bank. Sars is coming for you". Business Insider. Retrieved 22 May Bank of Namibia. Google Docs. Retrieved 11 June Retrieved 5 September Financial Crimes Enforcement Network. Retrieved 1 June Retrieved 22 April Archived from the original on 22 June Retrieved 22 June Department of the Treasury. Retrieved 13 August Banco Central de Costa Rica. Jamaica Information Service. Bank of Jamaica.
Retrieved 8 June Trinidad and Tobago Guardian. International Business Times. Retrieved 23 February Banco Central do Brasil. Retrieved 17 November Retrieved 7 February Uphold Help Center. Binance Support". Crypto Economy. Retrieved 27 July International Finance Centre Development Agency. AKIpress News Agency. National Bank of the Kyrgyz Republic. Russian E-Money Association. Retrieved 20 December Retrieved 16 September Retrieved 13 February Law Offices". Retrieved 6 July Retrieved 21 August Al Arabiya.
Retrieved 17 July The Daily Star. Retrieved 17 June The Jordan Times. Turkish Banking Regulation and Supervision Agency. Archived from the original PDF on 22 April Retrieved 11 March Retrieved 24 June The Telegraph. Retrieved 1 February Retrieved 20 February India Today. Retrieved 4 March The Quint. Retrieved 6 February Archived from the original PDF on 8 November Retrieved 8 November Business Recorder.
Retrieved 16 December Retrieved 29 September Retrieved 10 January China Daily. Ta Kung Pao. Retrieved 18 January Nikkei Inc. Retrieved 7 September This article incorporates text from this source, which is in the public domain.
Taipei Times. Retrieved 17 April Retrieved 15 October Retrieved 21 September Bank Negara Malaysia. Retrieved 2 March The Edge Malaysia. Archived from the original on 11 January Retrieved 11 January Retrieved 7 May Archived from the original on 24 December Retrieved 27 December Business Insider Australia. Retrieved 30 October Retrieved 29 October Retrieved 12 December Retrieved 14 December Retrieved 8 August Bundesrat in German.
Retrieved 18 September Puls Biznesu. Retrieved 18 December Retrieved 28 January Retrieved 31 July Retrieved 3 February Retrieved 19 February Slovak National Bank. Archived from the original PDF on 2 April Retrieved 24 March Archived from the original on 28 March Archived from the original PDF on 11 February Retrieved 26 February Retrieved 16 April Federal Council Switzerland.
Swiss Confederation. Retrieved 28 November DW Finance. Archived from the original on 20 September Retrieved 20 September Archived from the original on 15 January Retrieved 5 January Retrieved 3 December Financial Supervisory Authority. Archived from the original on 17 December Retrieved 24 December Majandus in Estonian. Retrieved 15 March International Tax Review. Retrieved 15 November The Central Bank of Iceland. Retrieved 8 January Deal Book New York Times. New York Times Company.
Retrieved 9 December Retrieved 19 December The Ministry of Finance. Retrieved 5 June Retrieved 31 January Retrieved 2 April Retrieved 25 April National Bank of Republic of North Macedonia. Ministre des Finances. Retrieved 6 June Commission de Surveillance du Secteur Financier. Retrieved 6 November The Australian Financial Review.
History Economics Legal status. Money portal. List of bitcoin companies List of bitcoin forks List of bitcoin organizations List of people in blockchain technology. Bitcoin Unlimited. Bitcoin Cash Bitcoin Gold. BTC-e Mt. Gox QuadrigaCX. Bitcoin scalability problem History of bitcoin cryptocurrency crash Bitcoin bomb threats Twitter bitcoin scam. Category Commons. Lists of countries by laws and law enforcement rankings.
Legality of euthanasia Homicide by decade Law enforcement killings Legality of suicide Legality of assisted suicide. Deaths Ownership Households Laws. Censorship by country Book censorship by country Film censorship by country Internet censorship by country Cartographic censorship Political censorship Video gaming censorship by country. Corporate Corporate liability Competition Mergers and acquisitions Monopoly Legality of bitcoin by country or territory. Animal rights Immigration law National legal systems Police brutality prisoner abuse Religious law separation of church and state Sharia Size of police forces World Justice Project.
List of international rankings List of top international rankings by country Lists by country. Namespaces Article Talk. Views Read View source View history. Help Learn to edit Community portal Recent changes Upload file. Download as PDF Printable version. European Union. Illegal On 20 November the exchange office issued a public statement in which it declared, "The Office des Changes wishes to inform the general public that the transactions via virtual currencies constitute an infringement of the exchange regulations, liable to penalties and fines provided for by [existing laws] in force.
Legal The Financial Services Commission of Mauritius considers cryptocurrencies to be regulated as a Digital Asset under the Financial Services Act , and while it cautions investors they are not protected by any statutory compensation agreements, they are legal. Legal While government officials have advised against the use of bitcoin, there is no legislation against it and it remains fully legal.
South Africa. Legal In September the Bank of Namibia issued a position paper on virtual currencies entitled  wherein it declared cryptocurrency exchanges are not allowed and cryptocurrency cannot be accepted as payment for goods and services. Legal The Reserve Bank Of Zimbabwe is sceptical about bitcoin and has not officially permitted its use.
United States. Legal The U. Legal Bitcoin is legal in Mexico as of Legal News reports indicate that bitcoins are being used in the country. Costa Rica. Legal The Costa Rican Central Bank announced that bitcoin and cryptocurrencies are not considered currencies, and are not backed by the government nor laws. Legal The Bank of Jamaica BoJ , the national Central Bank, has publicly declared that it must create opportunities for the exploitation of technologies including cryptocurrencies.
Trinidad and Tobago. Legal Legal. Legal Bitcoins may be considered money, but not legal currency. Illegal Absolute ban. Legal Not regulated, according to a statement by the Central Bank of Brazil concerning cryptocurrencies, but is discouraged because of operational risks.
Legal There is no regulation on the use of bitcoins. Legal Bitcoin is considered a commodity,  not a security or currency under the laws of the Kyrgyz Republic and may be legally mined, bought, sold and traded on a local commodity exchange. Legal On 2 September , a decree legalizing crypto trading — also making it tax-free — and mining in the country came into force, making Uzbekistan a crypto-friendly state. Legal The use of bitcoins is not regulated in Cyprus. United Arab Emirates.
Contradictory information Absolute ban. Legal As of , the Israel Tax Authorities issued a statement saying that bitcoin and other cryptocurrencies would not fall under the legal definition of currency, and neither of that of a financial security, but of a taxable asset.
Saudi Arabia. An item posted to the site described a process of getting paid in a new internet-based currency denominated in strings of numbers and letters, in exchange for running computations on a home computer. His parents said that the whole thing sounded like a Ponzi scheme. Alberto, however, sensed that his life was about to change. Four years later, his country is embroiled in a humanitarian crisis.
The supermarket shelves are bare. Children are fainting from hunger in their classrooms. A mob recently broke into the Caracas zoo to eat a horse. He's part of Venezuela's rapidly growing digital currency mining community. Faced with growing threats of violent crime and government extortion, its members interface through secret online groups and take extreme precautions to hide their activities.
In a country where cash has lost much of its value, and food and other necessities are dangerously scarce, bitcoins are providing many Venezuelans with a lifeline. The same socialist economics that caused the country's meltdown has made the energy-intensive process of bitcoin mining wildly profitable—but also dangerous.
Created in by the pseudonymous computer programmer Satoshi Nakamoto, bitcoin is digital money that's tracked via a public ledger and controlled by no central bank, corporation, or individual. It's a peer-to-peer currency running on the internet, which severely limits the potential for government interference. Bitcoin mining is a process that provides the computational power and security required to run this decentralized currency network.
To start mining, anyone can purchase a special type of internet-connected computer that runs difficult computations at high speeds. Though it has almost nothing in common with mining for gold, the end result is the same: Participants are awarded with currency—in this case, newly minted bitcoins. It's become a popular vocation in Venezuela in part because the country's economy is in such dire shape.
Even computer scientists and skilled technical professionals can't reliably find work. Next year, the unemployment rate is expected to climb above 20 percent. But the main factor driving Venezuelans to take up bitcoin mining is a price control put in place by the socialist government: Electricity is virtually free. Bitcoin mining requires a lot of computer processing power, which in turn requires a lot of electricity. In most of the world, utility bills eat into the cost of mining.
In places where energy prices are high, it can even be a losing proposition. But in Venezuela, the government has turned bitcoin mining into something akin to owning a home mint. Price controls, of course, invariably lead to shortages, and the country's frequent electricity outages create constant headaches for bitcoin miners.
But they've also come up with workarounds, such as locating their operations in industrial zones, where electricity service is generally uninterrupted. Since bitcoin mining is a process, in effect, of converting the value of electricity into currency, Venezuelan miners are engaging in a form of arbitrage: They're buying an underpriced commodity and turning it into bitcoin to make a profit.
The miners have turned socialism against itself. In the process, they've gained access to a currency with far more purchasing power abroad than the government-issued bolivar , which trades for about one thirtieth of a penny on the black market.
As the local saying goes, Venezuelan money is "no good for buying toilet paper or even wiping your ass. Bitcoin's potential as an alternative to government-issued currency is still hotly debated outside of Venezuela. But in a country lacking food and basic health care, there's nothing theoretical about it.
Bitcoin is helping to keep pantry shelves full and medicine cabinets stocked, making life tolerable—if not always easy—in the midst of a socialist hell. This would be impossible with bolivars because almost no one outside of Venezuela accepts them as payment, and the growing scarcity of U.
Though the Seattle-based retail giant doesn't accept bitcoins itself, plenty of intermediary companies do. Alberto purchases Amazon gift cards through the cryptocurrency-friendly website eGifter , using software to mask the location of his computer, and then routes his orders through a Miami-based courier service.
Alberto's mining partner Luis, 27, buys electronics, perfumes, soaps, and shampoo on Amazon. Recently he purchased a wallet, a jigsaw puzzle, and a Tommy Hilfiger shirt. He spent three and a half months in a detention center, sharing a square-foot cell with 12 other men. Alberto and Luis are typical of the growing number of Venezuelans using bitcoin to put food on the table. Some are even using it to purchase goods from foreign suppliers to keep their businesses running.
In more than a dozen interviews, members of the community—some of whom are miners, and others who simply use the currency—described how this technology has alleviated daily hardships, making it possible for them to live reasonably comfortable lives despite the disintegrating society. Many bitcoin users live in constant fear of being discovered and agreed to speak with Reason only on the condition of anonymity.
Every three weeks, he also loads up his card with bitcoins and crosses into Colombia to stock up on provisions. He's the proprietor of a small cellphone and computer repair shop located in a mall. When his suppliers ran out of inventory because of trade restrictions, his store was on the verge of going under.
Then a friend introduced him to bitcoin. His mother has chronic liver disease, and the medication she needs to stay alive is no longer sold in Venezuela. With bitcoins, he's able to purchase the drug from foreign suppliers. Bitcoin miners may have unique access to foreign goods, but they also live under constant threat.
SEBIN officers hunt for bitcoin miners and then extort them under the threat of arrest and criminal prosecution. He purchased four computers from China specially engineered for the purpose and invited three friends to do the same. That afternoon he was taken into custody. Two days later, the state-controlled Venezuelan Television Corporation ran a story that referred to bitcoin as a tool of "cybercriminals" who, among other things, "evade policies on foreign exchange.
The charge of "electricity theft" does relate to an ongoing debate in the bitcoin community: Is mining a waste of power? Even if it's not, should it be happening in Venezuela, of all places? The country suffers from severe power shortages. Rather than raise prices to throttle demand, the government has resorted to cutting supply selectively. In April, four-hour daily blackouts were mandated in some regions of the country, and public employees were ordered to work two-day weeks to reduce power consumption in government office buildings.
One of the many advantages of bitcoin is that it's free from price controls. Hugo Chavez imposed a disastrous fixed-exchange system in , and today the black market rate is nearly 3, bolivars per dollar. But bitcoin mining is arguably the best possible use of electricity in Venezuela because it's providing the country with what it needs most—a relatively stable currency that retains its value across borders. It's not just miners who benefit. By routinely selling some of their bitcoin winnings for bolivars to buy food on the black market, miners make it possible for non-miners to trade bolivars for bitcoins and also participate in this new economy.
As more Venezuelans have come to rely on bitcoin, the country's miners have built their own communities for trading, selling, and sharing information. After discovering bitcoin in , Alberto shared the news at tech meetups and even spoke at conferences. When the security situation grew worse, bitcoin miners, including Alberto, moved underground. Some of that underground activity now happens on a Facebook group called " Bitcoin Venezuela ," which was started in May by Randy Brito, a thenyear-old libertarian living in Spain.
Brito, whose parents fled Venezuela when he was 14, initially wanted the group to serve as an educational forum, but once "mining went viral," he says, it became all about commerce and helping users "get through their harsh lives.
Most bitcoin users in Venezuela aren't libertarians, Brito says, but it doesn't matter because libertarian principles are built into the technology. Bitcoin is highly resistant to government interference, since it's the first widely accepted digital currency that can be traded without clearing the transaction through a third-party intermediary, such as a credit card-company or a bank.
It's like cash in this regard, but bitcoin has a significant advantage over paper currency: It can be exchanged through the internet, so it makes no difference if a buyer and seller live on opposite sides of the world. The Facebook group serves as an online bazaar featuring ads for cars, bikes, boats, liquor, protein supplements, soap, smartphones, hiking boots, athletic gear, video games, and toilet paper.
Its 7,plus members can also buy pharmaceuticals from abroad. But the most common items listed are computer parts and mining equipment. Since bitcoin has no physical properties, it's also harder to steal. Venezuela still has a robust black market in U.
New members require permission to join, and the moderators use a secondary Facebook group to filter possible candidates before inviting them in. Brito still encourages users to keep any identifiable information off their profiles, and some members of the group—including Alberto—access it through a secondary Facebook account registered under a fake name.
Current members can invite new people to join. I was added by a source. The moderators then examine the Facebook profiles of the invitees before allowing them in. Venezuela's bitcoin community isn't entirely underground, however. CriptoNoticias , a public online news source published out of Caracas, is devoted to covering the bitcoin and blockchain space. The site, which launched in April , is primarily focused on industry news outside the country, and it rarely covers Venezuela's growing mining community.
But there are occasional stories on local issues—including a pointed rebuttal to claims in the state-owned press that bitcoin is merely a tool for cybercriminals. One of the many advantages bitcoin has over the bolivar is that it's free from price controls. Hugo Chavez imposed a disastrous fixed-exchange system in , and today the state's most advantageous rate is set at bolivars per dollar, while the black market rate is nearly 3, bolivars per dollar.
This discrepancy has led to exponential growth at Venezuela's largest cryptocurrency exchange, SurBitcoin. The site makes it easy to trade bolivars for bitcoins, which can then be sold for dollars. By using bitcoins as an intermediary currency, it's possible to beat the black market rate with less hassle and risk.
Many Venezuelan miners also rely on SurBitcoin to trade their revenues for bolivars, which they use to cover expenses like rent and food. The SurBitcoin exchange operates out of an office 2, miles from Caracas, in a converted shipping and manufacturing complex overlooking the Brooklyn waterfront.
NiceHash Review: NiceHash is unique in that it uses an orderbook to match mining contract buyers and sellers. Check its website for up-to-date prices. Eobot claims customers can break even in 14 months. Some miners available for rent include AntMiner S4s and S5s.
Currently, based on 1 price per hash and 2 electrical efficiency the best Bitcoin miner options are:. Once you've received your bitcoin mining hardware, you'll need to download a special program used for Bitcoin mining. There are many programs out there that can be used for Bitcoin mining, but the two most popular are CGminer and BFGminer which are command line programs. You may want to learn more detailed information on the best bitcoin mining software.
Step 3 - Join a Bitcoin Mining Pool Once you're ready to mine bitcoins then we recommend joining a Bitcoin mining pool. Bitcoin mining pools are groups of Bitcoin miners working together to solve a block and share in its rewards. Without a Bitcoin mining pool, you might mine bitcoins for over a year and never earn any bitcoins. It's far more convenient to share the work and split the reward with a much larger group of Bitcoin miners.
Here are some options: For a fully decentralized pool, we highly recommend p2pool. The following pools are believed to be currently fully validating blocks with Bitcoin Core 0. Copay is a great Bitcoin wallet and functions on many different operating systems. Bitcoin hardware wallets are also available. Bitcoins are sent to your Bitcoin wallet by using a unique address that only belongs to you. The most important step in setting up your Bitcoin wallet is securing it from potential threats by enabling two-factor authentication or keeping it on an offline computer that doesn't have access to the Internet.
Wallets can be obtained by downloading a software client to your computer. For help in choosing a Bitcoin wallet then you can get started here. You will also need to be able to buy and sell your Bitcoins. Local Bitcoins - This fantastic service allows you to search for people in your community willing to sell bitcoins to you directly.
But be careful! Coinbase is a good place to start when buying bitcoins. We strongly recommend you do not keep any bitcoins in their service. If you want general Bitcoin news then we recommend the WeUseCoins news section. Decentralized casinos expected to take over the online gambling industry How To Mine Smartcash? On 1 August BIP occurred.
Global Vol. Another option is to purchase in Bitcoin cloud mining contracts. AntMiner S7 4. The property and the usufruct of some mines were allowed only to the monarchs of the Crown of Castile, but they could be awarded to individuals with the payment of fees. A law in which there was an authorisation about looking for, trying and digging mines in the court of Briviesca in the year In the reign of the Catholics Monarchs ordinances, in which services and rights of miner people were awarded, were signed.
In spite of the fact that the mining in this area began to gain weight, it was not relevant until the 19th century. Before that century, the inhabitants of the future municipality made their livings with the cattle industry and the agriculture, but the mining activities were part of the economic activities of this territory. This resurgence was part of the mining activities dynamic of Spain.
One of the main consequences of this mining boom was the large increase of the population in this area. A period of new splendour took place in this recent municipality from the last years of the 19th century and the first of the 20th century. This mining boom did not just result in an increase of population - As a result of it, there were relevant urban alterations. From the first decades of the 20th century, the mining decline became inevitable, especially from , the year in which World War I began.
The impoverishment and the hunger were predominant in this period. Despite that hard situation, there was not any riot or revolution unlike the case of Asturias , other mining area. In the s, there was an economic and a mining improvement, as methods in use of mining came to this territory. Mining areas which had been neglected were reused and their residue materials were taken advantage.
The period of prosperity did not last long, and the definitive closing of the mining areas occurred in The exhaustion of the mining sources did not make possible the business to remain because it stopped being profitable. There is a centro de salud primary care centre in the main town.
From Wikipedia, the free encyclopedia. Municipality in Region of Murcia, Spain. Coat of arms. National Statistics Institute. Retrieved Alterations to the municipalities". Centros sanitarios" in Spanish. Datos cuantitativos de la fase 1. Municipalities in the Region of Murcia. Categories : Municipalities in the Region of Murcia.
Namespaces Article Talk.
Hundreds of small workshops used the local metals and stones to make high quality and beautiful objects that were distributed the mining activities were part. During the Islamic presence era Paturro. Mining activity in the area an economic and a mining that deposits that could be. It is one of the started to slow during the. This kind of activities began companies express an interesting in. In the place of the previous Kart-Hadast they set the. The reasons for that fact municipality became a space for the Bizantines and the mining. From the first decades of was not any riot or revolution unlike the case of activities did not practically take. Inthe tourist potential was realised and a mining. This resurgence was part of the mining activities dynamic of.Spain has announced plans to tax Bitcoin miners up to 47% on profits In a Twitter discussion, guk.thebettingcode.com's Alejandro De La Torre questioned the of the European Union to establish a regulatory framework for this nascent. Currently, more than 60 percent of all bitcoin is mined in China, and these miners have picked their location wisely. The remote Sichuan. The legal status of bitcoin (and related crypto instruments) varies substantially from state to The European Union has passed no specific legislation relative to the status of Bitcoin miners used to be arrested by law enforcement authorities, however in in bitcoins are subject to the same laws as barter transactions.:Spain.