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Tax
ABA to IRS: Create Safe Harbor for Forked Cryptos
The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.

SEC Official Says 'Dozens' of Crypto Investigations Underway
Stephanie Avakian, a co-director of the U.S. SEC's Enforcement Division, said the agency is investigating "dozens" of ICO campaigns.

Puerto Rico Aims to Attract Blockchain Startups With New Council
Puerto Rico's government has created an advisory council aimed at spurring the development of blockchain businesses.

Thailand's Cabinet Moves to Regulate and Tax Cryptocurrencies
The Thai Cabinet has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states.

Coinbase Releases Cryptocurrency Tax Calculator
The U.S cryptocurrency exchange is easing the crypto tax procedure with a new automatic gain/loss calculator.

Regulators Could 'Take Away' Blockchain's Efficiencies, Congressman Warns
Rep. David Schweikert, co-chair of the Congressional Blockchain Caucus, talked about challenges facing mainstream adoption in a speech Thursday.

Illinois Has Been Quietly Considering Bitcoin for Tax Payments
Three U.S. states – Illinois, Arizona and Georgia – are now actively considering bills to allow tax payments made in cryptocurrency.

Germany Won't Tax You for Buying Coffee With Bitcoin
Unlike the U.S., Germany will regard bitcoin as equivalent to legal tender when used as a means of payment, according to a new government document.

Coinbase Tells 13,000 Users It's Sending Their Data to the IRS
Coinbase is emailing thousands of customers informing them their data will be sent to the U.S. Internal Revenue Service, as per a 2017 court order.

Georgia Becomes Latest State to Consider Bitcoin for Tax Payments
Two state senators in Georgia have proposed a new bill that would allow citizens to pay their tax obligations in bitcoin.
