According to the Wall Street Journal, The Internal Revenue Service (IRS) is expected to update its guidance on Bitcoin tax treatment within weeks. In the meantime, members of the U.S. Congress fear that the U.S. is falling behind other nations in the crypto industry. This fear is prompting them to consider bills to clarify legal issues surrounding cryptocurrencies and thus propel the development of the crypto industry. Is a Bitcoin Tax Exception Within The RealmRead MoreThe post New Bitcoin Tax Rules To Boost Crypto Market Growth appeared first on Bitcoinist.com.
