APR 20 DIGEST: Spain VAT Exempts Bitcoin, UK Bankers to Discuss Crypto at SWIFT Event

The Spanish tax authorities have published a statement classifying bitcoin as a means of payment exempting it from VAT charges. Some of the UK's top bankers are to discuss bitcoin among a fintech discussion panel this week. BitSIM hardware proposes piggybacking a sim-card to provide secure mobile payments without carrier support and more top stories for April 20.

Bitcoin exempt from VAT in Spain

A department of the Spanish tax authority has published an opinion stating that bitcoin should be treated as a means of payment, and will therefore stand exempt from VAT calculations. The move puts Spain inline with Finland