Coinbase Closes Earn.com One Year After $100M Acquisition

Coinbase is shutting down the startup Earn.com which it acquired for an estimated $100 million last year. The email service allowed senders to pay users in digital currency for replying to commercial messages or completing tasks. Also Read: Coinbase Acquires Earn.com for an Estimated $100 Million Coinbase Says Goodbye to Earn.com San Francisco-based cryptocurrency trading … Read more

Thomson Reuters Launches Crypto Tax Tool

Tax authorities around the world are increasing their focus on crypto transactions and companies are rushing to help investors navigate the unclear regulations. The latest example is Thomson Reuters which has added a new tool for American tax payers to report crypto dealings to the IRS. Also Read: Thomson Reuters Eikon to Display Data on … Read more

Fed Governor Blasts Bitcoin for its Ties to “Illegal Activities”

It is a well-known fact that US politicians don’t like bitcoin very much. Particularly the Federal Reserve governor still sees plenty of problems, primarily due it facilitating illicit activities.  In a recent meeting, the bitcoin debate was reopened once again. The Fed Still Hates Bitcoin As regulators prepare to take a closer look at cryptocurrencies, … Read more

Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation

U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot of ‘Benjamins’ all over the world” and emphasized the strength of the currency … Read more

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