coinbase irs

A Coinbase, Inc. customer filed a motion late Tuesday in federal court seeking to block the Internal Revenue Service from accessing personal and transactional information of individuals who used the Coinbase Bitcoin trading and storage platform between 2013-2015. 

November 30th, 2017

Bitcoin loses 20% amid reports of U.S. courts ordering Coinbase to disclose 14000 transactions, which are above $20000, to IRS.

August 23rd, 2017

A software tool helps the IRS identify people who hide their wealth, making some bitcoin owners uneasy as they lose their anonymity.

January 18th, 2017

The New York Department of Financial Services approved the virtual currency and money transmitter license for Coinbase after a thorough review of its applications.

December 15th, 2016

According to Jeffrey Berns, more than a million Americans are subject to the summons granted to the IRS.

Motion Seeks to Block IRS from Accessing Bitcoin Users’ Info
December 14th, 2016

A Coinbase, Inc. customer filed a motion late Tuesday in federal court seeking to block the Internal Revenue Service from accessing personal and transactional information of individuals who used the Coinbase Bitcoin trading and storage platform between 2013-2015. 

Coinbase Promises to Fight the IRS in Court Over Data on All Active US Bitcoin Traders
November 21st, 2016

The Internal Revenue Services sent Coinbase a summons asking for information on all users basing on three isolated cases when people used bitcoin to evade taxes.