Bitcoin could return to $7.4K if current levels fail: analyst
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Ethereum co-founder Joseph Lubin admitted that Bitcoin and Ether did not have to deal with regulation, making it tougher for new projects
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In recent commentary at a New York blockchain conference, IRS Criminal Investigation Chief John Fort said the agency is now turning its focus to crypto ATMs and kiosks, as well as American users of foreign exchanges. While the continued push to regulate crypto is no surprise, the general narrative espoused by U.S. officials that cryptocurrencies […]
The post Governments Viewing Crypto as a Threat Will Be Left Behind appeared first on Bitcoin News.
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Is crypto to be celebrated, or chastised? How will it affect the geopolitical picture around the world? Reading the tea leaves can be difficult #Sponsored
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Karma? Ex-PayPal CFO has his bank account arbitrarily closed, crypto community thinks it is because of buying BTC
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BTC rewards shopping app Lolli says Alibaba broke contract following Singles’ Day marketing blitz that got too much attention
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Crypto markets are showing mild signs of recovery, while BTC looks to gain traction above the $8,500 price mark
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The U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software to help them. Also read: Tax Guide: What Crypto Owners Should Know Pre-2018 Like-Kind Exchanges […]
The post IRS Dispels Crypto Tax Confusion appeared first on Bitcoin News.
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In a new statement, the IRS confirms it will continue to focus on cryptocurrency activities. Particularly those individuals and companies operating Bitcoin ATMs and Kiosks may see some intervention pretty soon. As the IRS continues to target cryptocurrency users, they are doing so in a deliberate manner. Bitcoin ATMs may Facilitate Tax Evasion First, they want after traders of Bitcoin and altcoins who might not have reported their taxes properly. Secondly, they tackle the concept of token airdrops and other proceeds that might fall under their purview. In the latest turn of events, the agency has confirmed Bitcoin ATMs and
The post The IRS Will Shift its Focus to Users and Operators of Bitcoin ATMs and Kiosks appeared first on The Merkle Hash.
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In this week’s Hodler’s Digest, India delays its controversial crypto ban, Binance’s CZ speaks out and an expert warns Bitcoin may “crash to zero”
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