Bitcoin

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Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes

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After the newly written U.S. tax laws recently passed, cryptocurrency investors realized the tax-free exemption filing 1031 for IRS reporting is no longer applicable to their digital asset investments. The law also implies that a lot of people will have to pay taxes on every single transaction they processed throughout the past twelve months. However, … Read more

Bitcoin Is Finding Its Way into High Schools

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Over the past few years, colleges and universities all over the world have been creating courses revolving around cryptocurrencies and blockchain technology. Now the subject is slowly infecting the halls of high school students who want to learn about these emerging technologies. Because of the increased student interest, this week a Business and Personal Finance … Read more

Austria Wants to Regulate Bitcoin like Gold and Derivatives

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Austria Finance Minister Hartwig Löger is urging both his country and the broader European Union to treat cryptocurrencies such as bitcoin in a regulatory fashion as they do now with regard to gold and derivatives. Also read: How To Regain Control From Nanny Zuck Austria Floats Ideas About Bitcoin Regulation “The cryptocurrencies are in the process … Read more

Montana Scores $250 Million Bitcoin Mining Campus

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The Big Sky Country state of Montana keeps raking them in. For the second time this month, a mining operation is announcing its moving to the Butte area. Power Block Coin LLC is reportedly plunking down a quarter of billion dollars to upgrade existing facilities to mine the world’s most popular cryptocurrency, bitcoin. Also read: How … Read more