Okay, folks, let's be real. The recent TIGTA report detailing the IRS's utter clusterfumble with seized crypto isn't just embarrassing; it's infuriating. Missing wallets? Shredded seed phrases? Undervaluing Bitcoin because someone can't count decimals? Seriously? I'm not here to pile on the agency. Instead, let's talk about the silver lining....
Cryptocurrency overall is extremely volatile. Recently, new revelations about the IRS’s misuse of crypto assets it has seized have thrown a whole new wrench into the landscape. A recent TIGTA report has exposed significant mismanagement and misaccounting by the IRS in their oversight of seized digital assets. That fact alone...
Germany has established itself as a rare positive force in Europe for cryptocurrency. The country has created a robust regulatory framework, with more citizens adopting digital currencies. Germany’s legal framework for cryptocurrency provides a solid ground for digital assets to flourish. The Federal Financial Supervisory Authority (BaFin) is the competent...
