Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance.”
A suit spearheaded by UnitedCorp is taking legal aim at Bitmain and its cofounder Jihan Wu; Bitcoin.com and its CEO, Roger Ver; Kraken and its CEO, Jesse Powell; and others.
Bitcoin Cash has now “hard forked” (split) into two different coins: “Bitcoin Cash ABC” (BCH ABC) and “Bitcoin Cash SV” (BCH SV). Here's an overview of where things stand so far.
After yesterday's Bitcoin Cash coin-split, a handful of exchanges have announced that they will be supporting both coins for the time being. Others will wait and see how things develop.
Bitmain has denied reports that its CEO Jihan Wu was ousted as the mining firm’s board director while confirming that the board has undergone restructuring.
Contention about a new upgrade has left the Bitcoin Cash ecosystem divided, which could once again lead to a split into several projects and coins. Here’s what you need to know to get up to speed.