Currency

The bitcoin website is shown on the computer of the proprietor of a shop selling vinyl records and that accepts bitcoins for payment on April 11, 2013 in Berlin, Germany. (Photo by Sean Gallup/Getty Images)

IRS Says Bitcoin Will Be Taxed Like Property, Not Currency

Virtual currencies like bitcoin will be taxed like property — not currency, the Internal Revenue Service said Tuesday. The IRS says bitcoin is not legal tender. You can’t use it to pay your taxes.

03/25/2014

ATM money

Bitcoin ATM Arrives In Mountain View

A Bitcoin ATM is set to be unveiled at a conference in Silicon Valley Thursday, the first of its kind in California for the digital currency.

03/20/2014

Coins

U.S. Mint Experimenting With New Metals To Make Coins Cheaper

When it comes to making coins, the Mint isn’t getting its two cents worth. In some cases, it doesn’t even get half of that. A penny costs more than two cents and a nickel costs more than 11 cents to make and distribute. The quandary is how to make coins more cheaply without sparing our change’s quality and durability, or altering its size and appearance.

12/20/2012

Follow

Get every new post delivered to your Inbox.

Join 54,020 other followers