According to the ruling of the Supreme Court of the EU , as well as the Bitcoin virtual currency transactions will be allowed , such as the common currency without being taxed .
The ruling will take effect in 28 Member States of the European Union ( EU ) .

Also this ruling also opens the way for a reduction in transaction costs in the currency in the EU and can bring benefits to the industry Bitcoin .

Earlier, Bitcoin is the subject of debate in many countries see it as currency or goods for tariff application . Bitcoin is a currency that is created on virtual networking , allowing users online transactions to exchange goods and services.