The swap locks in the dollar value of a given bitcoin amount, and the difference is settled in dollars when the contract expires. At both moments, the contract references the new price index, ... Read More
With respect to bitcoin, there are two things that need to be reported on a tax return: income or revenue and any capital gains on the sale of those assets.
The IRS’ recent 31 page guidance repor... Read More
The report went on to name some of the affected regular people including grandparents who were simply leaving funds for their small grandchildren. The action also forced out of some of the nation’s ... Read More
A group of students from Boston University has set out to build a commodity derivative exchange for digital currencies, allowing those who hold large amounts of bitcoin to hedge against market volatil... Read More
District Judge Forms Blockchain Law Study Group in South Korea
A group of judges, lawmakers and industry experts in South Korea are forming a new group aimed to discuss legal issues surrounding blockchain technology.
Called the Blockchain Law Society, the grou
SBI Holdings Again Invests in Crypto Exchange Under Scrutiny
SBI Holdings, the investment arm of Japanese financial giant SBI Group, is making a new round of investment in a cryptocurrency exchange that's under increased scrutiny from the country's financial re
21-Year-Old Trader Prosecuted Over Bitcoin Money Laundering
A 21-year-old bitcoin dealer from California is being prosecuted for allegedly committing numerous counts of illegal money transmission and money laundering.
According to an announcement from the D
Police Arrest Hackers Suspected of Stealing $87 Million in Crypto
Chinese police from multiple cities have arrested three individuals who allegedly stole bitcoins and other cryptocurrencies worth around $87 million.
Chinese news agency Xinhua reported on Saturday