IRS warns crypto holders: dodge tax and we’ll hand out stiff punishments

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Service sending out warning letters to more than 10,000 people holding digital currency and says taxpayers should take these very seriously Watch out, crypto-heads the taxman cometh. The Internal Revenue Service has begun mailing more than 10,000 letters to cryptocurrency … Continued

‘Breathtaking arrogance’: senators grill Facebook in combative hearing over Libra currency

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Banking committee questions Facebook on its Libra project, while the House will later take aim at Google, Apple and Amazon Facebook was greeted with hostility in the US Congress as the tech giant sought to defend its proposed digital currency … Continued