Bitcoin Foundation Welcomes Newest Affiliate in Denmark

On Wednesday morning, the Bitcoin Foundation welcomed the Dansk Bitcoinfonening as their newest affiliate based out of Lyngby, north of Copenhagen, Denmark.

This makes Dansk Bitcoinfonening one of several Bitcoin Foundation affiliating operating around the world today, with the other affiliate being based out of Australia, Canada, Germany, Mexico, and the Netherlands.

The news comes following the declaration that profit gains/losses stemming from bitcoin trades be deemed tax free by the Tax Board of Denmark in March, with the exemption of businesses.

The affiliate will be led by Pascal Mikkelsen, who will be serving as Chairman along with Martin Clemens Bloch and Carsten Keutmann on the board.

According to the Bitcoin Foundation, “The team focuses on building the bitcoin community by initiating bitcoin projects, meetups and conferences so that anyone from bitcoin newbies, journalists, investors to core developers can network, learn and contribute to Bitcoin’s adoption in Denmark.”

“We believe global teamwork is essential in developing a global financial evolution,” said Pascal Mikkelsen. “With this partnership, the Danish Bitcoin Foundation is strengthening its international connection.”

The Bitcoin Foundation was established with a number of goals in mind: of which include establishing standards, funding core development, protecting the digital currency, and promoting its use throughout the world.

For additional information on Dansk Bitcoinfonening, you can visit their website at: danskbitcoinforening.dk