18 min listen
IRS Forks Up New Tax Guidance / DevCon Debates / Senate Pressures Libra
FromThe Breakdown
ratings:
Length:
19 minutes
Released:
Oct 9, 2019
Format:
Podcast episode
Description
The IRS dropped quite the surprise today: their first new tax guidance since 2014. Unfortunately, it seems to indicate that chains forking and airdropping users coins (whether they want them or not) creates a taxable event. Meanwhile, DevCon5 is cruising along in Osaka, complete with Ethereum scaling debates, the imminent launch of Multi-Collateral DAI, and the announcement of a new, open version of Libra (although it's not exactly clear why people are excited about this). Lastly, the real Libra faced some headwinds as US Senators put pressure on Visa, Mastercard and Stripe to follow suit with PayPal and leave the Libra Association. Watch: https://www.youtube.com/nathanielwhittemorecrypto
Released:
Oct 9, 2019
Format:
Podcast episode
Titles in the series (100)
Crypto Daily 3@3 - 7.16 | Libra Hearing Day 1 Recap - Senate Banking Committee: Libra's David Marcus testified before a relatively hostile Senate Banking Committee today. In today's we go over: 1) Facebook's trust problem; 2) the most important topics and themes of the questioning; 3) what it all means for Bitcoin. ... by The Breakdown