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Question
Can company A give Company B a Bitcoin denominated loan?
AI accountant’s answer:
Yes, company A can give company B a Bitcoin-denominated loan. Cryptocurrencies, like Bitcoin, can be used in various transactions, including lending between companies. However, it's important to note that tax implications and regulations regarding cryptocurrency loans might vary depending on the jurisdiction of both companies involved. Proper documentation and adherence to local laws and regulations are essential to ensure compliance.
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