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The IRS is now faced with a class-action lawsuit that can stop its move to access Bitcoin users’ info on Coinbase.
Expert wants Bitcoin encrypted for investors in AML/KYC startups to lose their investments.
In a precedent-setting victory for the United States tax authorities, a California federal court has ruled in favor of the IRS serving Coinbase Inc. with a “John Doe” summons.
Perry Woodin, CEO of Dash masternode provider Node40,on how tax evasion issues could affect any exchange operating in the US, following IRS taking on Coinbase.
Using Coinbase may be convenient, but there is a price to pay for centralizing your information. The price is surveillance.
Owner of Bitcoin.com Roger Ver on the US government’s renewed commitment to tax Bitcoin transactions.
The US Treasury Inspector General for Tax Administration requested the IRS to provide guidance for tax treatments of digital currencies.
The IRS may introduce changes to virtual currencies use and taxation as we know it.
The election of the Democratic Party’s candidate Hillary Clinton could potentially pressurise the US federal government’s Internal Revenue Service to audit journalists and freeze their assets.
US Securities and Exchange Commission (SEC), the Internal Revenue Service, FinCEN, Department of Homeland Security, and other government agencies have officially launched multiple investigations into Cryptsy
Adding to the already impressive list of big name proponents of Bitcoin' technology, tech gi-ant Hewlett-Packard (HP) in partnership with Quartz has published an article on the disrup-tive potential of the blockchain.
A bill placed before the North Carolina Senate could see the Old North State implement mandatory licensing for companies operating with digital currency.
A North Carolina convenience store owner whose entire savings were mistakenly seized by the US Internal Revenue Service in July 2014 has finally won the right for the US$107,000 to be repaid to him.
Interview with LibraTax CEO, Jake Benson
The law, known as “civil asset forfeiture” was structured to not only track deposits made by suspected criminals but to seize them as well. But anyone who knows how bureaucracies operate knows that laws such as this often result in a slippery slope, sweeping up the innocent along with the guilty more often than not. This might not be much of a concern for members of the Bitcoin community except for two things: the IRS ruling that Bitcoin is property instead of currency and Structuring (31 U.S. Code § 5324), also known as “smurfing.”
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