Cryptocurrency games online
Archived from the original on 17 December Retrieved 31 October In its October study, Virtual currency schemes , the European Central Bank concluded that the growth of virtual currencies will continue, and, given the currencies' inherent price instability, lack of close regulation, and risk of illegal uses by anonymous users, the Bank warned that periodic examination of developments would be necessary to reassess risks. On 6 August , Federal Judge Amos Mazzant of the Eastern District of Texas of the Fifth Circuit ruled that bitcoins are "a currency or a form of money" specifically securities as defined by Federal Securities Laws , and as such were subject to the court's jurisdiction, [76] [77] and Germany's Finance Ministry subsumed bitcoins under the term "unit of account" � a financial instrument � though not as e-money or a functional currency, a classification nonetheless having legal and tax implications. August