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IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners


The U.S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax compliance,” a tax expert told news.Bitcoin.com....

Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners


The Spanish tax authority has reportedly started sending notices to about 66,000 cryptocurrency owners in the country. This number represents a massive increase from the 14,700 tax letters the agency sent to crypto owners last year. The letters will continue to be sent until the end of June despite...

US State Wants to Legally Seize Unclaimed Cryptocurrencies Left at Custodians


The U.S. state of Illinois has advanced a bill to consider unclaimed cryptocurrencies at custodians abandoned after five years. The coins will then be liquidated and the proceeds remitted to the State Treasurer. The cryptocurrency owners will have no recourse against the custodians or the state....

The Case of the Stolen Domain Names


Back in 2011, the domain name for this site, css-tricks.com, was stolen. "Domain Hijacking," they call it. It wasn't just this site, but around 12 others in the design and development space. To this day, none of us really know how it happened and who was behind it, although I believe all...

IRS Explains What Crypto Owners Must Know to File Taxes This Year


Kicking off this year’s tax filing season, the U.S. Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax returns. This is the first time a cryptocurrency question has been included in the tax form. The IRS expects more than 150 million...

How Trustology Helps Cryptocurrency Owners to Secure Their Investments


Trustology is an organization devoted to build a more secure back-office infrastructure for investing in cryptocurrencies. Earlier this year, the organization launched TrustVault as a way for people to securely store the keys which identifies them as the owners of the crypto accounts and their...

WazirX Kickstarts Highest Trader Kaun Marathon for CHZ Owners


Pioneering the cryptocurrency industry in the Indian subcontinent, WazirX, the leading cryptocurrency trading platform, has announced the news about the launch of an exciting initiative for the owners of the Chiliz or the CHZ tokens. The event has been introduced to the community by the name...

Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners


The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...

IRS Now Requires Tax Filers to Disclose Crypto Activities


The U.S. Internal Revenue Service (IRS) has finalized and put in use a new tax form that requires crypto owners to declare whether they received, bought, sold, exchanged, or acquired any cryptocurrencies in 2019. Tax experts are frustrated at the vagueness of the tax agency, with some questioning...

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