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IRS Updates Tax Requirements for Cryptocurrency Owners


The U.S. Internal Revenue Service (IRS) has updated its instructions for disclosing crypto activities. The update provides clarification on who must answer “yes” to the IRS’ crypto question and when it is appropriate to select “no” as the answer. IRS Publishes...

What's the Best Scratching Post for My Beautiful Cat?


Because life wasn’t changing enough in 2020, I decided to get my first ever pet at the tail end of last year. My new partner in crime is a black and white little rescue named Mirah, who is an angel on Earth. Mirah is a pretty chill 1-year-old who’s unphased by just about everything. During...

Russia to Recognize Bitcoin as Property With Legal Protection


The Russian prime minister has outlined the government’s plans to amend existing laws to recognize cryptocurrency as property. This means bitcoin owners will have the legal rights to defend and recoup their cryptocurrencies in court. Russia to Recognize Bitcoin as Property During...

Russia To Give More Rights To Crypto Owners + More News


Russian prime minister Mikhail Mishustin. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Russian Prime Minister Mikhail Mishustin said that the country will recognize digital...

How You Might Build a Modern Day Webring


I’m sure different people picture different things when they think about webrings, so let me clarify what I picture. I see an element on a website that: Signifies this site is part of a webring Allows you to move to the next or previous site of the webring Maybe has other functionality like...

New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin


Netherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they wish to buy bitcoin. They will also...

Russia Proposes New Rules and Penalties for Cryptocurrency Owners


The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation. The proposal outlines a new set of rules for crypto owners, exchanges, and miners, as well as penalties for undeclared crypto transactions. Russia’s New Crypto Regulation...

Targeted by IRS? What Cryptocurrency Owners Should Know


The U.S. Internal Revenue Service (IRS) has started sending out new letters to cryptocurrency owners suspected of owing crypto-related taxes. A tax expert has shared with news.Bitcoin.com what crypto owners should know, including how to handle tax letters from the IRS and avoid an audit. How...

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