Sweden Rejects Bitcoin as a Currency, May Classify as an Asset Instead

The Swedish Tax Agency is reportedly set to reject bitcoin as a currency, treating it tax-wise as an asset, like a rare artwork, or other valuable like an antique. “Currencies are traditionally tied to a central bank or a geographic area,” said Olof Wallin, an official at the...

Jayanand Sagar | January 22, 2014 | 12:09 pm