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Notice 2014-21. SECTION 1. PURPOSE. This notice describes how existing general tax principles apply to transactions using virtual currency. Bitcoin is one.
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Get all the latest and important updated news on Altcoin at Live Bitcoin News.Last month, the traditional investment firm issued notes based on a reinsurance contract without the need for Euroclear, the widely used post-settlement provider.While Solidum is now out to make banks and settlement platforms less necessary, the project has its roots in a thwarted effort to do business the old-fashioned way.
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