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The Danish Supreme Court ruled that any activity related to the investment and circulation of bitcoin is speculative and subject to the tax laws of the country.
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The court emphasized that transactions with BTC receivedcitizens as a result of "turnover in non-profit enterprises", as a gift or through mining, "entail the emergence of tax liabilities".
Therefore, the highest courtupheld the decisions of the country's lower courts. The representative of the department added that Danish citizens who wish to invest in digital currencies should understand the potential risks of such investments and make informed decisions.
In March, the US Department of the Treasury unveiled plans for replenishing the budget for 2024 and announced its intention to introduce a 30% excise tax on the use of electricity for cryptocurrency mining operations.
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