U.S. Tax Policy Is a Stumbling Block for Bitcoin Adoption

Blockchain/DLT Technology News

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U.S. Households Could Owe $25 Billion in Unpaid Crypto Taxes

George Popescu has come down hard on the American Internal Revenue Service (IRS) and the U.S. tax code in general as stifling instead of enabling innovation through cryptocurrency adoption. In a Medium post published on August 22, 2018, the founder of crypto industry publication Blockchain Times and augmented reality startup Lampix stated that tax policy is effectively blocking crypto payments...

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