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The U.S. Internal Revenue Service asked Coinbase to provide 14,000 users with bitcoin transaction data

via:cnBeta.COM     time:2017/11/10 9:30:46     readed:72

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The current value of bitcoin has more than 7100 US dollars. In this regard, the IRS determined that bitcoin and other cryptocurrencies should be treated as real estate assets, and when the value increases, users must report revenue when they make profits by selling digital currency. The IRS report states that many U.S. taxpayers, including Coinbase users, avoid tax filing and tax payments by using virtual currencies.

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