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March 31, 2014 05:38 am GMT

Bitcoin Slips In The Wake Of The IRSs Tax Decision

Earlier this week, the IRS decided that Bitcoin is property, not currency, setting in place a regulatory structure that could see users of the cryptocurrency forced to keep price score in a rapidly shifting market. Bitcoin had a rough time of it last week, as GigaOm reported, losing around 17% of its value. Part of that was tied to a rumor regarding Bitcoin in China, and part, I think due to the… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HgQEVQcwqp8/

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