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Cryptocurrency exchange Coinbase announced it was opening instant trades and increased trading limits Tuesday.
Currently, according to the startup, clients have to wait five days for those funds to settle. But that’s about to change, with Coinbase reasoning that “when someone makes the decision to sign up, they don’t want to wait days before they can start buying cryptocurrency.
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IRS Detects Incongruences in Coinbase Customers: Just 900 Reported Losses or Gains
The Internal Revenue Service (IRS) is the American agency in charge of collecting taxes. One year ago, the IRS has decided to investigate whether it was leaving uncollected taxes or not. Coinbase, one of the most important cryptocurrency exchanges, was the targeted company. The intention was to identify the users that didn’t communicate any losses or gains.
IRS Detects Incongruences in Coinbase Customers: Just 900 Reported Losses or Gains was originally published on CoinStaker | Cryptocurrency News
