Wednesday 27 November 2019

Bitcoin, poetry and taxes @TheBlock__ #Bitcoin #Cryptocurrency #Bitstamp #IRS #taxes

Quick Take

  • Crypto caselaw is becoming more prosaic as the law catches up to tech that is becoming mainstream.
  • Zietke v. United States, 2019 U.S. Dist LEXIS 204274 (D. Wash., 11/25/2019) is a recent fed...

    Quick Take

    • Crypto caselaw is becoming more prosaic as the law catches up to tech that is becoming mainstream.
    • Zietke v. United States, 2019 U.S. Dist LEXIS 204274 (D. Wash., 11/25/2019) is a recent federal court case involving an IRS summons sees the court grappling with Fourth Amendment protections for bitcoin transaction records held on an exchange
    • The Court holds that bitcoin records are more like bank records than cell phone records and declines to extend Fourth Amendment protections to them

    This research piece is available to members of The Block Genesis. You can continue reading this Genesis research on The Block.



    source https://www.tokentalk.co/The Block/bitcoin-poetry-and-taxes-5ddefff10be66f657151d5c2

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This analyst says there’s a “high chance” Bitcoin may never fall under $5k again @cryptoslate #Analysis #Price Watch

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