31-03-2018 22:36 via newsbtc.com

IRS Investigations into Cryptocurrency Holders, a Positive Sign

The Beneficial Impact of Regulatory Scrutiny on Cryptocurrencies.
There has been a crypto gold rush going on and the authorities have taken note. The IRS considers crypto to be an asset and thus should be taxed. Accordingly, it has taken measures to track all crypto holders, which has got many people concerned. However, the IRS actions can actually have a positive effect on cryptocurrencies.
Recently, the IRS ordered Coinbase, one of the biggest exchanges in the US, to furnish it with data on al
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