Tax

IRS

Uncle Sam’s Surprise: Tax Reform to Impact Crypto Investors

New provisions in the upcoming tax reform bill could have several significant repercussions on crypto holders this tax season.

Policy & regulation  ·  13 December 2017
IRS

Coinbase Ordered to Hand IRS Data on 14,000 Users

A U.S. court has ordered bitcoin exchange Coinbase to disclose details of more than 14,000 customers to the Internal Revenue Service.

Policy & regulation  ·  30 November 2017
Regulation

Regulation, Taxation Loom Over Crypto Investors

The cryptocurrency community still has plenty of questions about taxation and regulation, especially as the ICO space heats up.

Policy & regulation  ·  30 November 2017
Libra

Libra Eyes Institutional Investors with Crypto Tax and Accounting App

Blockchain startup Libra has unveiled a new compliance application for the institutional market, targeting businesses like crypto funds and exchanges.

Business  ·  28 November 2017
IRS

Make Big Money on Bitcoin Cash? The IRS Might Be Watching

Hard forks of bitcoin are creating new wealth that the U.S. tax agency will want to tax, but it's still unclear just how to report these new assets.

Policy & regulation  ·  9 November 2017
Police Investigations

Canadian Police Issue Warning Over Bitcoin Tax Scam

Police in York, Canada, have warned of a tax scam after over 40 people were convinced to send money via bitcoin ATMs.

Policy & regulation  ·  9 November 2017
Regulation

Australia Officially Ends Double Bitcoin Tax

From July 2018, Australians will no longer have to pay GST on their cryptocurrency purchases, following the passing of new legislation today.

Policy & regulation  ·  19 October 2017
Europe

Ukraine to Regulate Bitcoin Exchanges Under Proposed Law

A cryptocurrency bill has been submitted to Ukraine's national legislature, setting the stage for new regulations in the country.

Policy & regulation  ·  12 October 2017
Japan

Ex-IMF Economist Kenneth Rogoff Joins ‘Bitcoin Will Collapse’ Chorus

A former IMF economist has joined the chorus of critical voices on bitcoin of late, going so far as to predict that its price will collapse.

Markets  ·  10 October 2017
IRS

Trumping the IRS: Could the Timing Be Right for Bitcoin Tax Reform?

With the U.S. political field looking ripe for tax reform, the cryptocurrency community could soon get much-needed clarification on IRS guidance.

Policy & regulation  ·  15 September 2017
Bitcoin

Swiss Town to Accept Tax Payments in Bitcoin

The municipality of Chiasso in Switzerland will start accepting tax payments in bitcoin next year, according to a report.

Business  ·  12 September 2017
IRS

Legitimate? IRS Defends Coinbase Customer Investigation in Court Filing

The IRS has submitted new arguments in its tax investigation dispute with cryptocurrency exchange startup Coinbase.

Policy & regulation  ·  5 September 2017
IRS

The IRS Has Been Using Bitcoin Tracking Software Since 2015

The IRS has been using software tools to track the movements of bitcoin for the past several years, according to a new report.

Policy & regulation  ·  22 August 2017
Bitcoin

Safello Aims for Comeback with New Bitcoin Buying Option

Swedish bitcoin exchange Safello is back on the radar, announcing credit card payments across the EU and other plans for growth.

Policy & regulation  ·  9 August 2017
Coinbase

Mystery Coinbase Customer Steps up in Fight to Quash IRS Tax Hunt

A new plaintiff is emerging as a potential key player in a case pitting cryptocurrency startup Coinbase versus the IRS.

Business  ·  19 July 2017