• Coinbase IRS contract
    Cryptocurrencies,  Regulation

    First the feds, now the taxman: Coinbase inks $125K deal with IRS

    The latest contract has the potential to alienate Coinbase’s exchange users—as some are concerned data about their transactions could be passed on to government agencies

    Fresh from infuriating some customers after offering blockchain analytics software to the U.S. Secret Service, Coinbase has inked an even more lucrative deal… with the taxman. Records uploaded to a government website show the crypto company signed a contract with the Internal Revenue Service on July 14 that’s worth at least $125,000.

  • Asia & Australia,  Opinion,  Technology

    30 Years Later, Tiananmen Square a reminder of Chinese threat to innovation

    China may be able to add another arrow to its quiver of intellectual theft: cryptocurrencies

    The most promising aspects of digital assets—transactional speed and freedom, financial inclusion, and most of all anonymity—are antithetical to Chinese Communist values. And yet, in many respects, China has taken the lead on investing in this burgeoning technology.