Tax

IRS

US Congressional Group Calls on IRS to Clarify Bitcoin Tax Guidance

A US congressional caucus is calling for more guidance from the Internal Revenue Service on the tax requirements for digital currencies like bitcoin.

Policy & regulation  ·  7 June 2017
Legal

Nevada Becomes First US State to Ban Blockchain Taxes

Nevada has become the first state to ban local governments from taxing blockchain use.

Policy & regulation  ·  6 June 2017
IRS

The IRS is Due to Present its Digital Currency Strategy to Congress Next Week

Congress wants answers from the Internal Revenue Service about its investigation into bitcoin tax avoidance – and they’re due by next week.

Policy & regulation  ·  1 June 2017
Regulation

Russia’s Central Bank is Writing a New Bitcoin Law

Russia's central bank is preparing new legislation focused on bitcoin and other digital currencies, reports say.

Policy & regulation  ·  31 May 2017
Libra

Blockchain Startup Libra Hires Former Siemens Chief Risk Officer

Blockchain startup Libra has announced a new hire as it expands its suite of enterprise-focused auditing tools.

Policy & regulation  ·  22 May 2017
Regulation

Nevada Lawmaker Moves to Block Taxes on Blockchain Transactions

A new bill filed in the Nevada Senate aims to prevent local authorities from imposing fees or taxes on the use of blockchain tech.

Policy & regulation  ·  21 March 2017
Identity

4 Ways Blockchain Can Disrupt Civic Traditions

Infosys's Peter Loop examines four potential opportunities in which blockchain could improve public processes.

Markets  ·  17 March 2017
Regulation

Israel’s Tax Authority Wants to Treat Bitcoin As a Kind of Property

Israel’s government is set to apply capital gains tax to bitcoin sales, categorizing digital currencies as a type of property.

Policy & regulation  ·  13 January 2017
Exchanges

Coinbase’s IRS Dispute Isn’t Just About Bitcoin

Think Coinbase's IRS issues are about bitcoin alone? The implications are far more broad, CoinDesk's Noelle Acheson argues.

Policy & regulation  ·  3 January 2017
Exchanges

Coinbase Customer Doubles Down on Legal Action Against IRS

A Coinbase user resisting an IRS request for customer data has refused to abandon the fight, but experts say the tax agency's actions were expected.

Business  ·  30 December 2016
South Africa

‘Sovereign’ Blockchains Will Change Monetary Policy, Bank Paper Argues

A new research paper published by South Africa’s FirstRand Bank argues blockchains could revolutionize central banking.

Business  ·  9 December 2016
Regulation

Bitcoin Sales Are Currency Transactions, Russia’s Tax Office Says

Russia’s tax agency wants its citizens to report the purchase or sale of digital currencies as currency transactions.

Policy & regulation  ·  10 August 2016
IRS

CPA Trade Association Pushes IRS for Bitcoin Tax Guidance

The AICPA has submitted comments to the IRS that seek to encourage the US tax agency to provide clarity on bitcoin and digital currency treatment.

Markets  ·  15 June 2016
Japan

Japanese Legislator Calls for Bitcoin Tax Exemption

A legislator in Japan’s ruling political party has called for bitcoin purchases to be exempt from an 8% consumption tax, a news source says.

Policy & regulation  ·  1 March 2016
Australia

Government Investigation of Alleged Bitcoin Creator Craig Wright Intensifies

Australian tax authorities are reportedly beefing up their investigation of Craig Wright, who last year was alleged to be bitcoin’s creator.

Markets  ·  20 January 2016