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
Coinbase Adds First Ethereum Token to Professional Trading Platform
Crypto exchange startup Coinbase is adding the 0x protocol token to its professional trading platform, Coinbase Pro.
Announced Thursday, the exchange said in a blog post that it had begun accepting
SpankChain Says Hacker Returned Stolen Crypto Funds
A hacker who stole 165.38 ETH from the SpankChain platform has returned the funds.
The payment platform focused on the adult industry announced Thursday that the hacker, who stole the funds from th
Korea's Largest Bitcoin Exchange Sells Stake in $350 Million Deal
Bithumb, currently the largest cryptocurrency exchange in South Korea by trading volume, just confirmed it has sold more than 38 percent of its total ownership to a blockchain consortium based in Sing
Nevada's Utilities Agency Eyes Blockchain for Energy Credit System
The Public Utilities Commission of Nevada, a government agency charged with supervising and regulating power utility services in the state, is looking to implement blockchain for its energy credit tra