Questions that are specific to the USA only, i.e. on government policy to Bitcoin, or laws and regulation regarding usage and purchase of Bitcoin.
Questions tagged [usa]
31 questions
20
votes
5 answers
Can I use bitcoin as a means of bypassing Argentine Dollar restrictions?
I am planning on doing some small-time buying/selling with a friend who is in the States. I am in Argentina and I do not have a way of reimbursing him in Dollars for products that he buys, sends to me, then I sell. Product and Dollar restrictions…
Jeremy F
- 201
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- 3
18
votes
7 answers
Do USA-based miners need to register with FinCEN?
As seen in recent news, FinCEN has issued a statement on its classification of virtual currencies: http://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html
Hypothetically suppose I mine BTC and sell it on MtGox for USD. Do I need to…
Streblo
- 705
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- 14
9
votes
2 answers
What is the cheapest way to deposit money into a Bitstamp account from the US?
What is the cheapest way to deposit money into a Bitstamp account? They offer a number of ways, but what is the easiest for someone in the US?
Throsby
- 207
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- 6
8
votes
2 answers
Does the U.S. Securities and Exchange Commission govern Bitcoin?
Do SEC regulations apply to:
Exchange of Bitcoin for US dollars
Investing in companies with Bitcoin
An exchange that sells shares of company stock for Bitcoin
Bitcoin futures contracts
B Seven
- 871
- 2
- 9
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8
votes
1 answer
Legal status of Blockchain proof-of-existence TX (USA court)
Is there any real USA court cases with Bitcoin's Blockchain used as an proof-of-existence/timestamp service (without BTC transfer)?
Can Bitcoin's Blockchain be used as a 'signing' utility same as DocuSign service (for example) that conforms to…
Anthony Akentiev
- 131
- 5
7
votes
3 answers
Using btc-e in the United States and depositing/withdrawing USD into btc-e?
I am located in the United States, and was wondering about the complications of using btc-e to make trades in the USA, such as the complications in depositing and withdrawing money in the form of USD.
When I try to deposit USD into btc-e, almost all…
user9675
- 71
- 1
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7
votes
2 answers
Does an exchange of only virtual currencies fall under FinCEN regulations?
If a business only exchanges between say bitcoin, litecoin and namecoin. No fiat currencies. Does it still fall under finCEN's regulations?
Sunjen
- 149
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6
votes
1 answer
What are the consequences of donating bitcoins to WikiLeaks?
The WikiLeaks website provides a bitcoin donation address 1HB5XMLmzFVj8ALj6mfBsbifRoD4miY36v
According to this article from the Sydney Morning Herald, Julian Assange of WikiLeaks has been declared an "enemy of the state" by the US.
Declassified US…
Highly Irregular
- 10,910
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6
votes
3 answers
Do I need to pay taxes if I sit on (do not use) bitcoins?
I've done some reading on the IRS bitcoin guidelines and I'm a bit confused how the capital gains taxes works. If I buy some bitcoins in Jan, the value of the bitcoins double by the of the year but I still keep them, do I need to pay a tax on those?…
concealed curry
- 63
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4
votes
1 answer
US Taxable Events for using Bitcoin for purchases
Is there any initiative to try to deal with the way Bitcoin is taxed in the United States with respect to using Bitcoin to pay for things without triggering a taxable event? Possibly a threshold being set for purchases below a certain amount?
ADH
- 181
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- 5
4
votes
3 answers
Why do most trading platforms require ID Verification?
The vast majority of the Bitcoin trading platforms both in the US and the UK require some sort of ID verification in order to make Deposits/Withdrawals.
Is this because of these two countries current legislation? does this obey to some sort of…
MauroMSL
- 143
- 1
- 3
4
votes
1 answer
What is the story behind US senators wanting to "crack down on Bitcoin" in mid-2011?
There have been two US senators, Charles Schumer and Joe Manchin, wanting to "crack down on Bitcoin" in mid-2011. How did the story start, progress and did it reach any conclusion?
ThePiachu
- 42,931
- 25
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4
votes
5 answers
How to file bitcoin income to the IRS
I want to check if there is any specific tips how to properly file income from speculation with BTC to the IRS.
Also is there any specific report from the Coinbase available?
A B
- 143
- 5
3
votes
3 answers
What happens if the US govt. bans Bitcoin?
They can do that because they are the US govt.
What would be the likely consequences of the ban?
Mella
- 119
- 2
3
votes
3 answers
Are there any online services available to exchange prepaid cards into BTC?
I live in the USA.
I would like to use prepaid cards to buy some BTC (less than $100USD)
I've tried trucoin.com and the wait time is enormous, 4 days since sign up and still haven't received an invite.
I've also tried circle.com but they do not…
Xilas
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