In the midst of the covid-19 pandemic the United States government moved relatively quickly in passing its 2 trillion dollar stimulus plan titled the CARES ACT. An important detail of the Act was the provision for stimulus payments going directly…
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 take…
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…