Category: IRS

US Federal Government: Confusing Regulation For Crypto, Full Clearance For Blockchain

Individual US states seem to be in competition for the title of the most crypto-friendly in the Union – Ohio’s…

US Law Professor: Confusing Cryptocurrency Regulations Will Hamper Innovation

Carol Goforth is a professor at the University of Arkansas School of Law. She recently published a paper about the…

US Needs ‘More Nuanced’ Cryptocurrency Regulations: Academic Paper

United States’ cryptocurrency regulations are creating a problematic image for the country as an innovator and it needs a “more…

IRS to Face Record Number of Loss Claims, Says Crypto Accounting Firm

Node40, a developer of bitcoin tax-reporting software, expects the U.S. Internal Revenue Service (IRS) to receive a record number of…

Report: US Congressman Announces Plans for Federal Cryptocurrency and ICO Regulation

U.S. Rep. Warren Davidson (R) has announced plans to introduce legislation that would clearly regulate cryptocurrencies and Initial Coin Offerings…

‘Payments Four Times Faster Than Visa’: Network Fights Low Speeds and Threat of Lost Funds

Fraud, inefficient and expensive systems, a lack of transparency and slow transactions at busy times are a reality for many…

US: IRS Advisory Committee Calls for Additional Guidelines on Crypto Taxation

An advisory committee of the U.S. Internal Revenue Service (IRS) wants the agency to provide additional guidelines for the taxation…

IRS Advisors Call for More Tax Guidance on Crypto Transactions

An advisory committee to the U.S. Internal Revenue Service (IRS) believes the agency should provide clearer guidelines on how cryptocurrency…

Ripple Leads Crypto Coalition Seeking Gov’t Oversight Encouraging Crypto, Blockchain

Ripple will lead a group of crypto startups to lobby lawmakers and financial regulators in D.C. to support crypto and…

Public Records Show US Government Tripled Investment in Blockchain Analysis Firms in 2018

New research into publicly available records shows that U.S. government agencies have tripled their investment in blockchain intelligence firms this…

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