President Donald J. Trump invoked the Stafford act in March, authorizing federal agency funding.
The tax collector has agreed to pay Coinbase up to $237,000 over the next two years for its “Analytics” tracing software.
U.S. agencies sought millions of dollars in new funding to bolster national and international cryptocurrency investigations.
Coinbase Analytics vaults the massive crypto exchange into a crowded field of blockchain tracing companies all vying for millions of federal dollars.
No new guidance is expected to come from Tuesday’s IRS Crypto Summit, but that the event happened at all is still a positive sign for the industry.
Major crypto exchanges fear that U.S. regulators see the industry as far more dangerous than it really is, posing major obstacles to development
If you received, sold, sent or exchanged any virtual currencies last year, the IRS has to know
The IRS will hold a summit to better inform its thinking around taxing cryptocurrencies next month.
The IRS has refused to clarify that part of its 2019 guidance on tax treatment of cryptocurrencies is not binding, a government watchdog said.
Nobody likes taxes but for US based blockchain users things can be particularly awful. This week we discuss US tax treatment of “Virtual Currencies” and how scams find a home wherever opportunity exists, at least for a while.