Bitcoin Investor Sues IRS for Unlawful Seizure of Financial Records at 3 Crypto Exchanges

Bitcoin Investor Sues IRS for Unlawful Seizure of Financial Records at 3 Crypto ExchangesBitcoin investor Jim Harper has sued the U.S. Internal Revenue Service (IRS), its commissioner, and a number of federal agents. He alleged that they unlawfully seized his private financial information from three cryptocurrency exchanges. Bitcoin Investor vs. IRS Bitcoin investor Jim Harper has filed a lawsuit against IRS Commissioner Charles P. Rettig, the IRS, and […]

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US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’

US Financial Services Committee Hearing Discussed the Creation of a 'Digital Dollar'On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher Giancarlo, and members from the Electronic Transactions Association. The Covid-19 outbreak and following panic, […]

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Drafting Laws and ‘Hodling’: U.S. Congress Discusses Cryptocurrency Disclosure

Drafting Laws and 'Hodling': U.S. Congress Discusses Cryptocurrency DisclosureU.S. lawmakers have been ramping up their efforts to regulate bitcoin and other digital currencies. Recently, advocacy groups who focus on government transparency have been growing concerned about politicians drafting laws while not disclosing their interests in cryptocurrencies. Also read: Is the Centralized Ripple Database With the Biggest Pre-Mine Really a Bitcoin Competitor? Ethics and Government […]

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