Coin Center Travel Series: Venezuela by way of Medellín, Colombia
A unique mix of middling interest from locals, excited evangelists, and a corrupt government's perversion of this technology
This is the latest installment of Coin Center's multi-part travel series examining how cryptocurrency is used around the world. One cannot talk about cryptocurrencies in Colombia without talking about neighboring Venezuela....
In the second installment of their multi-part series meant to help those who may need to transact privately in the course of their sensitive work, security expert Eric Wall details...
Non-custodial cryptocurrency mixer developers are not subject to U.S. regulation.
A recent seizure of a custodial cryptocurrency mixer by EU authorities has prompted some people to ask us what this means for popular privacy software like CoinJoin or Wasabi Wallet,...
The IRS has told Congress that it will issue new cryptocurrency tax guidance soon.
In a new letter, the IRS Commissioner said he has “made it a priority” to issue additional guidance on crypto taxation. Last week, Commissioner Charles Rettig responded to an April...
FinCEN’s new cryptocurrency guidance matches Coin Center recommendations
Multi-sig wallets, decentralized exchanges, and privacy protecting cryptocurrency developers are not regulated
Today the Financial Crimes Enforcement Network (FinCEN) issued new guidance on how the Bank Secrecy Act (BSA) applies to cryptocurrencies and its users. Here’s our initial analysis of that guidance...
Evaluating estimates of Bitcoin electricity use
Untangling an increasingly important question
Bitcoin and similar proof-of-work cryptocurrencies use electricity to secure their networks. All over the world, data centers are humming away, performing the calculations needed to provide that security. Those computers...
Coin Center Travel Series: Bogota, Colombia
Despite regulatory chasms, the promise of a more transparent system is alluring
This is the latest installment of Coin Center's multi-part travel series examining how cryptocurrency is used around the world. During my two months in Colombia, it was clear that there are...
Coin Center Travel Series: Lima, Peru
A tiny community of technologists sees hope in decentralized networks
This is the latest installment of Coin Center's multi-part travel series examining how cryptocurrency is used around the world. The first stop in Latin American leg for this series stood in...
Congress just sent a letter to the IRS about “urgent need for guidance” on crypto taxes.
Today, 21 members of Congress, led by Rep. Tom Emmer, sent a letter asking the agency to issue needed guidance on the tax consequences and basic reporting requirements for taxpayers...
Congressional report on cryptocurrency cites multiple Coin Center resources.
Last week, the Congressional Research Service (CRS), which serves as nonpartisan shared staff to congressional committees and Members of Congress and operates solely at the behest of and under the...