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Virtual Currency › Wage and Hour

Virtual Currency (aka Digital Currency or Digital Money) is a type of currency or medium of exchange that is not issued by any government nor guaranteed by a government currency. Despite lacking legal tender... more +
Virtual Currency (aka Digital Currency or Digital Money) is a type of currency or medium of exchange that is not issued by any government nor guaranteed by a government currency. Despite lacking legal tender status, Virtual Currency is still traded and exchanged in some environments, typically online environments or communities. Bitcoin is the most well-known form of Virtual Currency.    less -
Proskauer - Blockchain and the Law

When Filing Taxes, Don’t Forget Virtual Currency Income

Proskauer - Blockchain and the Law on

In a March 23 news release, the IRS reminded taxpayers that income from virtual currency transactions must be reported on income tax returns, and that certain virtual currency transactions are taxable like any other property...more

Proskauer - Blockchain and the Law

Multi-Billion Dollar Japanese Tech Conglomerate to Process Salaries in Bitcoin

Proskauer - Blockchain and the Law on

GMO Internet Inc. (“GMO”) is a Japanese-based tech conglomerate with over 4,700 full-time employees and a market cap of over 200 billion yen. Since May 2017, the organization has taken steps to enter the cryptocurrency space,...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

Q2 saw US growth hit the 3% mark for the first time in two years, besting last quarter’s lackluster showing by almost 2%. The report helped boost stocks across the board....more

Fisher Phillips

Will Workplaces Be Going Off The Rails On The Blockchain?

Fisher Phillips on

What if I told you that technology with internet-like potential will soon lead to a seismic revolution in our society, including the workplace? That you could greatly streamline your hiring process, eliminate...more

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