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Coinbase Notifies 13,000 Users that their Data is heading to the IRS

By Audry Foreman
In Cryptocoins
Feb 26th, 2018
0 Comments
920 Views
One of the biggest cryptocurrency startups Coinbase has disclosed that it will forward data on some of its users to the US tax authorities. The company stated that the data will be sent over the coming weeks and about 13,000 of its customers got an email on February 23 with the same notification. The...
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Growth of Bitcoin Community and Reaction from Governments

By Nitesh Bualang
In Bitcoin
Apr 7th, 2014
0 Comments
1336 Views
bitcoins judgement
Bitcoin and other cryptocurrencies puts regulatory authorities on the Spot Bitcoin is no more than five years old, yet it is already causing disquiet in the developed global economies. In the past couple of weeks, a number of governments’ agencies have, in one way or another, tried to cripple Bitcoin...
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Price of Bitcoin Drastically Down Following IRS’s Decision

By Nitesh Bualang
In Bitcoin
Apr 1st, 2014
0 Comments
1391 Views
bitcoin going up
Price of Bitcoin on the rock following IRS’s decision The price of bitcoin has been on a free fall since the IRS announced that it is moving in to tax capital gains made in virtual currency transactions. Through Notice 2012-21, the IRS has resolved to treat Bitcoin (or other virtual currencies) as pr...
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