Earlier this month, a slide deck given by the US Internal Revenue Service (“IRS”) Criminal Investigation division became widely available via a taxation professional’s Twitter. Comprised of nearly 180 slides, the document claims to lay the framework for an IRS crackdown on bitcoin tax evasion by … Read more about Presentation Suggests IRS Plan to Investigate Bitcoin Activity
The following article is part of a series of guest posts by Ben Lakoff. Mr. Lakoff is an entrepreneur and finance professional. He has a wide area of expertise including raising capital, corporate finance, investing, and start-up strategy. The content of this post is not intended as legal, … Read more about Bitcoin: an Alternative Asset for Diversified Portfolio Management
The following article is the first in a series of guest posts by Ben Lakoff. Mr. Lakoff is an entrepreneur and finance professional. He has a wide area of expertise including raising capital, corporate finance, investing, and start-up strategy. The content of this post is not intended as legal, … Read more about DeFi: What Is It and Why It Is Important
The cold war between digital currency companies and the S.E.C. has lasted a long time (by crypto standards), but it appears to be turning hot. On June 6, 2019, the tension between Kik and the US Securities and Exchange Commission (“SEC”) came to a head when the SEC issued a formal … Read more about Why is the S.E.C. suing Kik over their Digital Coin Offering?
Despite doubt over the industry’s staying power and fluctuating market capitalization, cryptocurrency has made significant steps into the mainstream in recent years. Between 2017 and July 2018, researchers at the University of Cambridge found that millions of new user accounts entered the crypto … Read more about Crypto’s $42 Million in Q1 Lobbying
Last week, Russian news sources reported that the lower house of the country’s Federal Assembly may pass a resolution to allow the country to further develop cryptocurrency systems. According to Rambler, the Russian media outlet that first announced the news, officials are currently looking to … Read more about Russia Announces Expansion of Government-Backed Cryptocurrency
This week, one of the largest cryptocurrency holding companies in the world took a critical step towards publicly trading in the United States. Operating out of Singapore, BTHMB signed a binding letter of intent with Blockchain Industries (BCII), a U.S. holding company specializing in investment … Read more about Singapore Cryptocurrency Company Looking to Publicly Trade in the U.S.
Ohio Congressman Warren Davidson suggested that crowdfunding through a cryptocurrency might provide a viable solution to the funding issues for the proposed wall along the US/Mexico border. In an interview with NPR's Steve Inskeep, the Republican representative suggested that both the proposed … Read more about Lawmaker Suggests Cryptocurrency to Fund Border Wall