Tag Archives: encryption

IRS forms a new team to track down encryption evaders

[ad_1] The US Internal Revenue Service (IRS) has assembled a team of 10 investigators for international crime investigations and to find tax evaders using cryptocurrency, Bloomberg reports on Thursday 8 February. The head of the IRS Don Fort criminal investigation division said that the team will work with international crime …

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XRP encryption now down 90% from 2018

[ad_2][ad_1] The third cryptocurrency in the world by market capitalization, XRP, fell to the lowest price of 2018 on Tuesday. At 00:01 UTC, just after Monday's closing, the cryptocurrency dropped to $ 0.27 cents for the first time since December 12, 2017, according to CoinDesk pricing data. The XRP was …

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Tax considerations for home-based encryption

[ad_1] So you have your own mining installations installed at home. They are tearing apart and accumulating a good supply of cryptocurrency. However, there is one thing you must consider … and this is taxation More specifically, how do you manage the tax implications of profits deriving from the extraction …

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Japan's financial watchdog seeks to regulate unregistered encryption companies

[ad_2][ad_1] The Japanese financial services agency (FSA) is considering the regulation of unregistered companies urging investments in cryptocurrencies, according to Cointelegraph Japan on January 8th. Development is referred to as an attempt to close a loophole in the country's existing regulatory framework, where unregistered companies that raise funds in cryptocurrencies …

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