US Crypto Holders Only Have a Few Days to Reply to the IRS 6173 Letter

Cryptocurrency holders that will not reply are subject to account examination by the United States Internal Revenue Service. Last month, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The IRS has begun sending letters to taxpayers with digital currency transactions that potentially failed to report […]

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UK Advertising Watchdog Upholds Complaint Against BitMEX Bitcoin Ad

The United Kingdom’s Advertising Standards Authority (ASA) has upheld a complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX. The United Kingdom’s Advertising Standards Authority (ASA) has upheld its complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX. According to an ASA announcement dated Aug. 14, the watchdog has taken issue […]

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This Non-Profit Company Wants to ‘Decentralize’ Crypto Keys Themselves

A so-called trustless bot enables automated trading of cryptocurrency without giving up private key access. A new proposal wants to take decentralization a step further by decentralizing the private keys themselves.  Trusting trustless bot with your crypto private keys Tide, a non-profit privacy advocate, claims to have developed a decentralized technology, which gives rise to […]

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