IRS Reminds Taxpayers to Report Virtual Currency Earnings (news.bitcoin.com)

The United States Internal Revenue Service (IRS) recently published a document reminding taxpayers that income derived from virtual currency transactions must be reported on income tax returns. The IRS states that taxpayers who fail to report virtual currency earning may be audited or made liable for “penalties and interest.”
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Bitcoin Thieves Threaten Real Violence for Virtual Currencies

A few weeks before that, the head of a Bitcoin exchange in Ukraine was taken hostage and only released after the company paid a ransom of $ 1 million in Bitcoin. In New York City, a man was held captive by a friend until he transferred over $ 1.8 million worth of Ether, a virtual currency second in value …
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Hawaii’s New Money Transmitters Act Will Require Virtual Currency Licenses (news.bitcoin.com)

The state of Hawaii is planning to regulate the use of bitcoin and digital currencies that would require licensure to transmit cryptocurrency-based funds. Two bills introduced by a group of partisan Hawaiian lawmakers are focused on digital currencies as a monetary instrument under the state’s Money Transmitters Act.
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Malta Extends Scope of Proposed Virtual Currency Regulations (news.bitcoin.com)

The Malta Financial Services Authority (MFSA) has published a ”feedback statement” regarding its proposal for regulatory guidelines governing collective investment schemes involving virtual currencies (VCs) operating in the European archipelago nation. The statement has been issued following a consultation period from the 23rd of October 2017 to the 17th of November – in which the MFSA sought to gain feedback from Malta’s citizenry and private sector regarding the proposed

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