“ Using bitcoin by criminals has attracted the attention of financial regulators, legislative bodies, legislation enforcement, and the media.
On 22 October 2015, the European Court of Justice ruled that bitcoin transactions can be exempt from Worth Added Tax.
The European Banking Authority issued a warning in 2013 specializing in the lack of regulation of bitcoin, the prospect that exchanges could
be hacked, the volatility of bitcoin's price, and
basic fraud. Lavin, Tim (eight August 2013). "The SEC Exhibits Why Bitcoin Is Doomed".
Jerry Brito & Andrea Castillo (2013). "Bitcoin: A Primer for Policymakers"
(PDF). Peterson, Andrea (3 January 2014). "Hal Finney received the primary Bitcoin transaction. Here is how he describes it".
The first regulated bitcoin fund was established in Jersey in July 2014 and accepted by the Jersey
Monetary Companies Fee. Tourianski, Julia (13 August 2014).
"The Declaration Of Bitcoin's Independence". ”