Europe

247Exchange Adds Fiat Withdrawals for Credit and Debit Cards
International cryptocurrency brokerage 247exchange has added credit and debit cards as a withdrawal method.

New EU Legislation on VAT Could Be Bad News for Bitcoin
EU rules requiring merchants to record the country of residence of their customers could be bad news for pseudonymous payments systems like bitcoin.

Microsoft: Bitcoin Payments Not Available in Europe
Despite rumors to the contrary, Microsoft has indicated that its bitcoin payments program currently remains limited to US customers.

Bitcoin Broker Anycoin Direct Raises €500k in Seed Funding
Anycoin Direct has raised €500,000 as part of its seed funding round to expand its bitcoin brokerage service.

Future Unclear for Romanian Bitcoin Exchange as Users Withdraw Funds
BTCXchange, Romania's only order-book bitcoin exchange, has issued a statement asking all users to withdraw funds over security risks.

Dutch Supermarket Joins Arnhem's Growing Bitcoin Economy
The Arnhem Bitcoincity project in the Netherlands now includes a local Spar supermarket.

SpectroCoin Launches Bitcoin-to-Cash Service in 25 Countries
SpectroCoin is now allowing its customers to convert bitcoin to cash in 25 countries across Europe and Central Asia.

Finland Classifies Bitcoin as VAT-Exempt Financial Service
Finnish regulators have classified bitcoin as a financial service, thus granting it VAT-exempt status.

eGifter Arrives in the European Gift Card Market
US-based online and mobile gift card company eGifter has announced its expansion into the UK, France and Germany.

