That said, they are treated as goods under the terms of the nation's Civil Code, while a December update to tax regulation classifies them as income derived from shares and securities. What such variations indicate is that, when it comes to the classification of cryptocurrencies, the economic ...
) The state of being obligated or bound; the state of being indebted for an act of favor or kindness; as, to place others under obligations to one. Obligation (n.) A bond with a condition annexed, and a penalty for nonfulfillment. In a larger sense, it is an acknowledgment of a ...