More Bitcoin Articles

  • Tokyo court starts Mt. Gox bankruptcy proceedings

    TOKYO (AP) — Bankruptcy proceedings began Thursday for the Mt. Gox bitcoin exchange, a move that was widely expected after the Tokyo District Court decided earlier this month that the company would not be able to resurrect itself. An administrator will try to sell its assets, but many...

  • Court rejects bankruptcy protection for Mt. Gox

    TOKYO (AP) — The Mt. Gox bitcoin exchange in Tokyo is headed for liquidation after a court rejected its bankruptcy protection application. Mt. Gox said Wednesday the Tokyo District Court decided the company, which was a trading platform and storehouse for the bitcoin virtual currency, would...

  • Florida bitcoin case tests money laundering limits

    MIAMI BEACH, Fla. (AP) — Two police officers burst through a hotel room door with guns drawn, yelling "Police! Get Down!" just after an alleged money laundering transaction went down. But instead of briefcases stuffed with a drug dealer's cash, this exchange involved an undercover officer with...

  • Bitcoin: Taxed as property, regulated as currency?

    Bitcoin and other cryptocurrencies (yes, even Dogecoin) will now be taxed the same as any other property, according to new IRS guidance. The IRS guidance begins by seemingly accepting that cryptocurrencies are a form of currency, but notes that they are not officially recognized....

  • Marc Andreessen skewers Warren Buffett for doubting Bitcoin

    Billionaire Warren Buffett has established his credentials as a savvy money manager, but Internet trailblazer Marc Andreessen doubts the stock market sage knows much about financial innovations such as the virtual currency bitcoin.

  • IRS says bitcoin will be taxed like property

    WASHINGTON (AP) — Virtual currencies like bitcoin will be taxed like property — not currency, the Internal Revenue Service said Tuesday. The IRS says bitcoin is not legal tender. You can't use it to pay your taxes. However, if you receive wages in bitcoin, you have to pay taxes on it just...



From the Weekly Standard

  • Why the New York Times Poll Is Bogus

    The Arkansas Senate race has been close in virtually every serious poll. The Republican challenger, Tom Cotton, probably had a small lead a month or so ago; after a massive negative assault on him...

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  • Hustle Is Overrated

    The Bryce Harper-Mike Trout showdown is underway and the outcome is, well, inconclusive. In round one Monday night, the Nationals leftfielder walked and went hitless in three at bats while the...

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  • Kennedy’s Question

    We often think of the Constitution as a two-part document: first the original 1787 text, which primarily establishes the government’s structure; and then the amendments, which primarily set...

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