NCLA Fights IRS Crypto Investment Data Collection – Bitcoin Magazine

If you’re a bitcoin trader or investor, you’ve probably traded on multiple cryptocurrency exchanges and, for the most part, trusted that those exchanges are keeping your data secure from unlawful data collection just like a bank or credit card provider would. Unfortunately, that doesn’t seem to be the case.  On July 15, 2020 (Tax Day this year), New Civil Liberties Alliance (NCLA) filed a lawsuit on behalf of James Harper against the IRS, challenging the agency’s unlawful collection of private cryptocurrency information. Harper decided to take this action against the…

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Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls

Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government falters, some traders are calling for a separation of money and state, thinking it is high time to put financial power back into the hands of the people. Also read: Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens Mass Unrest Over…

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