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US Judge Denies Customer’s Plea to Quash IRS Bitstamp Inquiry
28.11.2019
A Washington Western District Court judge has rejected petitioner William Zietzke’s appeal to stop the U.S. Internal Revenue Service (IRS) from accessing his Bitstamp trade data. An IRS summons invoked Zietzke to file a petition to quash the tax agency’s investigation into his private...
IRS Dispels Crypto Tax Confusion
17.11.2019
The U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software to help...
Internal Revenue Service (IRS) Finds Ways to Track Cryptocurrency Tax Avoidance
11.11.2019
According to the recent meeting with tax authorities of different countries, the Internal Revenue Service (IRS) of the United States finds various ways to track the cryptocurrency criminals that are not paying taxes. The authorities from the US, Australia, Canada, UK, and the Netherlands combined...
Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders
10.11.2019
The U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. Also...
Laying the Foundations
18.10.2019
Here’s a new book by Andrew Couldwell all about design systems and his team’s experience at Sprout Social. For a while now they’ve been building Seeds, a brand guide that the internal team can and reference for brand and design-related things, including patterns, variables, and components....
IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings
12.10.2019
The U.S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies...
IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In
10.10.2019
The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard...
The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years
9.10.2019
For the first time since 2014, the IRS is detailing how it will tax cryptocurrency holdings. Here's what you need to know
Cryptocurrency Donations to Politicians Legal In Japan Says Internal Affairs Minister
8.10.2019
Crypto donations are legal and do not need to be approved for political donations like cash or securities
South Korean KB Kookmin Bank Adopts Blockchain to Improve Internal Processes
7.10.2019
Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes
Crypto Outpaces Political Donation Laws in Japan
7.10.2019
A major Japanese news publication has reported that crypto donations to individual politicians are legal and do not need to be reported publicly as donations. Japan’s Ministry of Internal Affairs and Communications verified that even though it is illegal to donate cash or securities directly...
FB’s Internal Q&A Sessions Reveal Early Strategy for Libra: Leaked
1.10.2019
Newly leaked audio from Q&A sessions between Facebook’s CEO and employees shines new light on the firm’s early strategy for Libra
IRS Releases ‘Tax Cheat’ Info Raising Concerns About Crypto Theft
30.9.2019
The U.S. Internal Revenue Service (IRS) released a new report and infographic on Thursday illustrating unpaid or underpaid taxes for the years 2011 – 2013. The numbers reflect estimates based on the last such findings, for the years 2008 – 2010. With commissioner Chuck Rettig citing...
Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
27.9.2019
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...
Wells Fargo Set to Pilot Internal Settlement Service Based on Its First DLT Platform
18.9.2019
Wells Fargo & Company, the renowned American MNC offering financial services, announced its plans of unveiling its own blockchain-powered digital currency for easy movement of cash between its branches and across borders in real-time. The currency in question referred to as ‘Wells Fargo Digital...
Wells Fargo to Pilot Dollar-Linked Crypto for Internal Settlement
17.9.2019
U.S.-based financial giant Wells Fargo is developing a cryptocurrency that will run on the firm’s first blockchain platform
IRS Sends New Round of Letters to Bitcoin and Crypto Holders
25.8.2019
Here we go again? Did you get the CP2000 notice from the U.S. IRS? Here is what you should know
Amazon Watch: BitPay’s Donation of $100,000 Bitcoin Failed Due to Internal Checks!
23.8.2019
Amazon rainforest in Brazil is facing thousands of fires, which is rapidly growing towards swallowing the entire rainforest. It is by far the largest and most intense blaze of wildfire in the past decade. The unfortunate ongoing Amazon wildfires shook many. Donation and support in all forms...
R3 Plagued by Internal Conflicts Over Corda, Sources Claim
22.8.2019
Frustration and delay looms over the development of R3’s enterprise blockchain platform Corda, sources have alleged
How to Crop Videos
9.8.2019
During a recent episode of the Script and Style podcast, I had noticed that the video recording had showed a bit of our internal chat that wasn’t necessary for our viewers to see. While there’s nothing wrong with giving viewers a peek into the show preparation, presenting the best...