IRS Crackdown; Tracking Bitcoiners with Chainalysis

According to a contract recently obtained by the Daily Beast, the IRS can now track bitcoin and other cryptocurrency addresses. They can do this...

Node40 Introduces Easy-To-Use Tax Compliance Software for Bitcoiners

Node40 just released a software as a service offering (SAAS) to bring tax compliant bitcoiners an easy-to-use and "IRS-friendly" application. According to a Node40...
India's Supreme Court Seeks Answers as Bitcoin Legalization Focus Turns to Taxation

India’s Supreme Court Seeks Answers as Bitcoin Legalization Focus Turns to Taxation

While Indian government officials discuss ways to legalize bitcoin for tax purposes, the Supreme Court has given lawmakers four weeks to examine all security...
Revised Tax in Effect From Today In Japan, Giving Residents ‘Access to Global Markets’

Revised Tax in Effect From Today In Japan, Giving Residents ‘Access to Global Markets’

On Saturday, July 1, the revised consumption tax law went into effect throughout Japan, and bitcoin transactions no longer incur consumption tax of 8%....
How The EU's Data Grab Could Affect You

How The EU’s Data Grab Could Affect You

The EU is poised to grab personal data in a way that could impact people around the globe. Information is power; it is power...
Philippines' Central Bank Issues Guidelines for Virtual Currency Exchanges

Philippines’ Central Bank Issues Guidelines for Virtual Currency Exchanges

The BSP (Central Bank of the Philippines) has released official guidelines for the regulation of virtual currency exchanges. The statements emphasize the potential benefits...
Increased South African Bitcoin Adoption Highlights Need For Taxation Clarity

Increased South African Bitcoin Adoption Highlights Need For Taxation Clarity

With Localbitcoins trading volume up over 20% in recent weeks and over 1,000 merchants accepting bitcoin in South Africa, it's clear that the nation’s...
Russian Bankers

Russian Bankers Push to Legalize Cryptocurrency

Russian bankers released a statement May 26, saying that cryptocurrency should be legalized for circulation. This message comes from German Gref, who is head...
congressional members

Congressional Leaders Question IRS Summons to Coinbase

It seems a few U.S. politicians are taking issue with the recent Internal Revenue Service's (IRS) actions towards users of the bitcoin trading platform...
electronic

There’s a Big Difference Between Electronic Fiat and Cryptocurrency

With all different types of digital money these days and accounts represented electronically, people often wonder what's the difference between traditional electronic currency issued...

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