In its fight against tax evasion, the Internal Revenue Service (IRS) is now directing its attention to the Bitcoin is commonly said to be a cryptocurrency, a digital means of exchange developed by a set of anonymous authors under the pseudonym of Satoshi Nakamoto, which began operating in 2009 as a community project (Wikipedia type), without the relationship or dependency of any government, state, company or body, and whose value (formed by a complicated system of mathematical algorithms and cryptography) is not supported by any central bank or authority. Bitcoins are essentially accounting entries i... More market. Last week, the leading digital The money used in a particular country at a particular time, like dollar, yen, euro, etc., consisting of banknotes and coins, that does not require endorsement as a medium of exchange. More wallet and platform provider Coinbase was urged through a “John Doe summons” to disclose the names of its customers based in the US that used the platform between 2013 and 2015. This action took place following a request from the US Treasury to take new measures in the fight against tax evasion. According to the Wall Street Journal, the agency already identified two societies that conducted financial transactions in bitcoins to distort their tax declarations by passing them off as technology spending.