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
“I think the CFTC has a very weak case here and it’s a very creative reinterpretation of what the word commodity means,” he said. “The ruling will be challenged, and judges will apply common s... Read More
Icbit is still relatively small, and the high spreads that appear on the futures exchange as a result are a hump that the site will have to get over if it intends to see greater adoption. If it do... Read More
First Meeting of 2016 to Cover Bitcoin and Blockchain
Simply defining bitcoin as an asset has proved to be a difficult task for many regulatory agencies around the world, as some claim it is a com... Read More
Mazurek also noted that he mainly sees Straits’ Bitcoin integration as a benefit for bitcoin holders at this time. “Hopefully as bitcoins gain more acceptance the general public will see the benef... Read More
Bitcoin's Price Slides Below $6.5K to Hit 70-Day Low
The price of bitcoin, the world's largest cryptocurrency by market capitalization, fell to its lowest point since April 1 on Tuesday.
Bitcoin's value slid to $6,455.92 during the afternoon trading
India's Central Bank Stays Mum on Crypto Ban Reasoning
The Reserve Bank of India (RBI) has responded to a query about why it moved to block banks from dealing with cryptocurrency businesses earlier this year – but the reply isn't very telling.
Congressional Bill Calls for Study of Crypto Use in Sex Trafficking
Congress is set to consider yet another proposed mandate for a cryptocurrency study, this time in the area of sex trafficking.
The House of Representatives Financial Services Committee is introduci
No rest for bitcoin traders as wild movements and big milestones often happen on the weekends
For bitcoin traders, key times to buy or sell often come at the least opportune time to be behind a computer monitor: Saturday night. Some of the digital currency's steepest price swings have