IRS

Bitcoin Fog

The Bitcoin Fog Case May Put Crypto Tracing On Trial

  Bitcoin Fog is a case that seems to be shaping up to put crypto tracing and privacy on trial. Roman Sterlingov was accused of laundering $336 million. However, he...
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The Gray Areas of Crypto Tax Issues and More…Ben Borodach of April Explains

The issue of web3 taxation is quite thorny for the government and taxpayers. With so much innovation occurring simultaneously in the industry,  the use of technology to help sort out...
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Sovos

Sovos Principal -Wendy Walker explains the rules on the IRS and Cryptocurrencies

The recent US Internal Revenue Service (IRS) memo that addresses cryptocurrency pre-2018 transactions has caused a lot of concern among many members of the cryptocurrency space. While space is growing,...
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Justice Department AG Claims US Gov, IRS Has Tools To Track Bitcoin Users

The United States has just revealed a seizure of over $2 million in Bitcoin said to be meant for financing terrorist organizations over social media. Coinciding with the case, the...
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Are Bitcoin Losses Deductible

Are Bitcoin Losses Deductible?

Bitcoin losses are tax deductible. Most crypto investors and traders are trying to recover from the red. The recovery experienced since the start of 2020 was brought to a screeching...
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The IRS Is Inviting Crypto Firms to a ‘Summit’ in DC Next Month

The Internal Revenue Service has invited a number of undisclosed crypto startups to a summit on March 3 to discuss its existing approach to taxing cryptocurrencies as well as enforcement...
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DISCUSSION: US Crypto Taxes Are a Nightmare. Could These Proposals Help?

The best Sundays are for long reads and deep conversations. Earlier this week, the Let’s Talk Bitcoin! Show gathered to discuss the US tax treatment of “Virtual Currencies” and how...
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Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship

As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’...
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Op Ed: IRS Doesn’t Get Cryptocurrencies: Here’s Why

After five long years, the Internal Revenue Service (IRS) in the U.S. finally decided to release additional guidelines in October 2019 regarding crypto taxes. While the guidelines have brought some...
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Op Ed: The IRS Is Checking Up on Crypto Businesses. Is Yours Ready for Its Title 31 Exam?

The Internal Revenue Service (IRS) is auditing companies who registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Service Business (MSB) involved in the Bitcoin space — it’s...
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E-Crypto News Executive Interviews

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Blockchain/Cryptocurrency Questions and Answers

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What Is ZetaChain And How Does It Operate?
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LUNC
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What Are The Benefits Of Cryptocurrency?
What Are The Benefits Of Cryptocurrency?
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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin19,408 0.26 % 0.58 % 0.29 %
Ethereum1,331.1 0.44 % 0.26 % 0.02 %
Tether1.000 0.07 % 0.16 % 0.01 %
USD Coin1.000 0.44 % 0.25 % 0.18 %
BNB283.64 0.09 % 0.32 % 2.79 %
XRP0.4796 0.67 % 10.63 % 1.52 %
Binance USD1.000 0.15 % 0.14 % 0.18 %
Cardano0.4337 0.26 % 0.30 % 5.76 %
Solana42.12 0.56 % 2.22 % 3.81 %
Dogecoin0.06028 0.35 % 0.37 % 0.80 %

bitcoin
Bitcoin (BTC) $ 19,487.76
ethereum
Ethereum (ETH) $ 1,336.27
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 284.72
xrp
XRP (XRP) $ 0.479387
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.434063
solana
Solana (SOL) $ 34.19
dogecoin
Dogecoin (DOGE) $ 0.06045