A report on the US Internal Revenue Service, which has purchased software to track those using bitcoin
The IRS is concerned traders are not declaring profits (or losses)
- Says in 2015 only 802 people declared
Chainalysis is a start-up offering "Reactor" software tool, which helps to track bitcoin transactions. Apparently.
- "The purpose of this acquisition is... to help us trace the movement of money through the bitcoin economy"
More here at the report
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ps. I posted on bitcoin et al. yesterday, to a great piece on Finance Magnates, trading cryptocurrency guide
