There is a misconception that cryptocurrencies are not being regulated in the United States. In actuality, the Internal Revenue Service (IRS) first issued guidance on virtual currencies way back in 2014. The IRS is currently working on updating their tax forms…
Find out about all of the legal fields that are influenced by blockchain technology and how the future of these professions will have to adapt.
Blockchain technology has developed into its own practice area of specialization for attorneys. However, the technology’s growing adoption is affecting other practice areas not directly related to blockchain.
As the end of the 2019 tax season nears, accountants, tax professionals and others directly dealing with cryptocurrencies, need to be aware of the developments in the cryptocurrency tax regulations.
There are five professionals that need to know and understand blockchain technology now.
Take an in depth look into 4 very important questions to ask yourself prior to launching a new blockchain built application.
With the emergence of blockchain technology the term “smart contract” is being heard more often than ever. Understandably, there is a lot of confusion as to what smart contracts are, why they are being called smart contracts and whether or…
Since the announcement of Libra, members of Congress have been increasingly vocal with their concerns. Last week’s congressional hearings which included Calibra head David Marcus, consisted of two days of gaining significant insight into what officials were worried most about…
The recent announcement of the Libra Association and its Libra Coin officially revealed Facebook’s worst kept secret. They are venturing into blockchain technology. After reviewing the Libra White Paper, two immediate questions come to mind. Is Libra trying to…
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which was created for the…
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