Tag: irs

  • Coinbase IRS Delayed
    Bitcoin

    Coinbase Hearing In IRS Summons Case Delayed Until March 23

    The ongoing IRS investigation against Coinbase is far from over at this point. A federal court granted a stipulation filed by the government to move the hearing date for Jeffrey Berns’ motions. Berns still continues to oppose the IRS’ John Doe summons, as he feels the investigation based...

    newsbtc | February 4, 2017 | 11:00 pm
  • BitLicense
    Bitcoin

    Coinbase Receives New York BitLicense

    Bitcoin wallet and exchange Coinbase yesterday announced that they have obtained the Bitlicense from the New York Department of Financial Services (NYDFS). It is the formal license to carry out digital currency-related businesses in the state of New York. Coinbase believes that the long-term success of virtual currency and blockchain...

    Guest Author | January 18, 2017 | 1:00 pm
  • IRS logo
    Bitcoin

    IRS Adamant on Seeking Access Bitcoin User Data in Coinbase Case

    A Coinbase customer had filed a motion earlier this month seeking to block the Internal Revenue Service (IRS) from issuing a “John Doe” summons to the Bitcoin exchange. The IRS has now responded to the motion by asking the court to dismiss it and to allow the tax agency...

    Guest Author | December 28, 2016 | 6:30 pm
  • Trendon Shavers, Bitcoin Savings & Trust

    Court Approves IRS’ John Doe Summons against Coinbase

    Bad news for the Bitcoin community! In the days following Internal Revenue Service’s (IRS) John Doe summons to Coinbase, the federal court in the Northern District of California has ruled in favor of the department. The ruling comes after Coinbase filed an appeal, seeking clarification about the extent...

    Gautham | December 1, 2016 | 1:00 pm
  • Uncategorized

    Could the IRS Have Done Better Than Issuing Summons to Coinbase?

    The recent incident involving Coinbase and IRS is well known. The US government department responsible for enforcing tax compliance had issued a John Doe summons to the leading cryptocurrency platform. The summons demanded the company to furnish details about all its customers, their entire transaction history from 2013...

    Gautham | November 27, 2016 | 9:30 pm
  • Trade More Bitcoin Pay Less Fee Coinbase. newsbtc bitcoin news.
    Uncategorized

    Is IRS Overstepping Boundaries by Issuing Summons to Coinbase?

    The eyes of the cryptocurrency community are on Coinbase ever since it got served with a John Doe summons by the IRS. The summon requires Coinbase to hand over all information pertaining to the platform’s users between 2013 and 2015. The issue of generic, blanket information request by...

    Gautham | November 24, 2016 | 1:45 pm
  • NewsBTC_Coinbase GAX Ethereum Litecoin

    Coinbase Reacts to IRS’ John Doe Summons

    The conflict of interests between the governments and Bitcoin sector is well known. The increasing adoption of decentralized, peer to peer digital currency has got the governments worrying about the potential loss of control over their respective nations’ monetary policies. The government organizations are trying to compensate for...

    Gautham | November 19, 2016 | 7:30 pm
  • bitlicense, bitcoin regulation, bitcoin lawsky, bitcoin new york

    How to Prepare Yourself to Manage Bitcoin and Taxes?

    As a wise man once said, there is no escaping taxes and death once you are born. When Bitcoin was introduced, however, there was a glimmer of hope, most of us thought that we might just be able to escape taxes. Unfortunately, it was short lived, as the...

    Gautham | December 20, 2015 | 2:00 pm
  • US Government Trading Commission Recognizes Bitcoin as a Commodity. newsbtc bitcoin news.

    Bitcoin as a Commodity, Seriously?

    The United States federal authorities have a mind of their own. Every department considers bitcoin as their own and want to control over it. It has already been proven multiple times, starting from bitcoin being considered as currency by FinCEN, money by SEC, property by the IRS and...

    Gautham | September 27, 2015 | 12:00 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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