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IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019

IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019

The IRS shook up the US crypto sector last year, when it issued Letter 6137 to American taxpayer’s which demanded that all citizens declare any unreported crypto gains within 30 days. One year on and an IRS watchdog has slammed the letter as a violation of the Taxpayer Bill of Rights.

Power Ledger Wikipedia Page Removed By Biased Crypto-Hating Wiki Editor David Gerard

Power Ledger Wikipedia Page Removed By Biased Crypto-Hating Wiki Editor David Gerard

Power Ledger recently became the target of the anti-crypto zealot and Senior Wikipedia Editor David Gerard who argued to delete their Wiki page.

Democrats Request Trump Administration Briefing on Enormous Seizure of Cryptocurrency Terrorism Funding

Democrats Request Trump Administration Briefing on Enormous Seizure of Cryptocurrency Terrorism Funding

House Democrats have asked the Trump Administration for a debriefing on the enormous Bitcoin and crypto seizure intended for Hamas, al-Qaeda, and Islamic State terrorists.

New Zealand Police Froze $140 Million in Assets and Crypto From Alleged BTC-e Exchange Money-Launderer Alexander Vinnik

New Zealand Police Froze $140 Million in Assets and Crypto From Alleged BTC-e Exchange Money-Launderer Alexander Vinnik

New Zealand police said they have frozen $140 million linked to Russian crypto fraud suspect, Alexander Vinnik, alleged to have been the operator of the now-defunct BTC-e crypto exchange.

How Blockchain Can Uphold Creators' Rights and Copyright Law

How Blockchain Can Uphold Creators' Rights and Copyright Law

Blockchain shows its versatility once again by becoming the perfect enforcer for copyright law, ensuring that authors receive their due credit and royalties.

DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes

DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes

Harvest Finance is taking the offensive against an alleged attacker who exploited the DeFi protocols liquidity pools—putting a $100K bounty on the hacker.

China’s Supreme Court Decides to Strengthen the Protection of Cryptocurrency Property Rights

China’s Supreme Court Decides to Strengthen the Protection of Cryptocurrency Property Rights

The Chinese Supreme Court has decided to strengthen cryptocurrency property rights. China’s Supreme Court is looking to further protect property rights, including economic property rights through different ownership systems in accordance with the law.

Facebook to Launch Libra Cryptocurrency in January 2021, But in Limited Format

Facebook to Launch Libra Cryptocurrency in January 2021, But in Limited Format

According to a new developing story, Facebook expects to launch its Libra cryptocurrency in January next year, but in a limited format.

Bithumb Crypto Exchange Puts Itself Up for Sale Amid Fraud Probe

Bithumb Crypto Exchange Puts Itself Up for Sale Amid Fraud Probe

Bithumb cryptocurrency exchange is set up for sale amid accusations of the alleged fraud.

Ethereum Crypto Crashes to $340 After SushiSwap’s Alleged Exit Scam

Ethereum Crypto Crashes to $340 After SushiSwap’s Alleged Exit Scam

The price of Ethereum (ETH) crashed recently, dropping to a low of $315 over the weekend, after hitting an all-time high of $487 last Wednesday.

Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope

Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope

Alex Gladstein, the CSO of the Human Rights Foundation blasted a reporter who called Bitcoin the “perfect Ponzi”, explaining that BTC crypto creates freedom and gives hope.

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Innovation friendly members of United States Congress have written to the IRS request a level-headed approach to tax on cryptocurrency staking rewards.

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