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The ongoing battle between the IRS and Coinbase swung the way of Bitcoin users when a person under scrutiny was granted rights to challenge the case.
Coinbase is gradually making progress in its IRS court case as user acquisitions top 33,000 per day.
Ex-Morgan Stanley CEO has already been investing in cryptocurrency for his own benefit over the last several years, now seeks to bring new investors into the market
IRS takes a step back in Coinbase summons, but still looking to get hold of user data.
The ongoing investigation into Coinbase by the IRS could ‘narrow’ in terms of data used, according to reports.
Despite its price volatility, we explore some of the reasons why Bitcoins are utilised as investment portfolio protection.
Coinbase unfreezes Ross Ulbricht legal defense wallet
Cryptocurrencies, although already having made a strong presence years back since its inception, are making even more rounds in the news the past few weeks.
The US Congress recently requested additional guidance from the Internal Revenue Service (IRS) on the tax regulations of cryptocurrencies such as Bitcoin.
Crypto earnings reporting is about to get simpler in the US thanks to a dedicated tool which should automatically calculate gains.
The ongoing spat between Coinbase and US tax authorities has revealed only 800 declarations of Bitcoin earnings by users annually.
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.
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