The IRS found three entities using bitcoin to evade taxes and has now demanded the records of millions of users at Coinbase, the largest U.S. cryptocurrency exchange. An accountant and an attorney specializing in cryptocurrency discuss whether the IRS is overreaching, how this "unprecedented" case differs from previous ones pursued by the IRS, and what they think the ultimate outcome will be. Read the <a href="https://www.forbes.com/sites/laurashin/2017/01/24/is-the-irs-justified-in-demanding-information-on-millions-of-bitcoin-users/"> show notes</a>. Other links: <ul> <li><a href="https://www.coinbase.com/">Coinbase</a></li> <li><a href="https://www.law111.com/">Berns Weiss LLP</a></li> <li><a href="http://globaltaxaccountants.com/form1.php">Global Tax Accountants</a></li> <li><a href="https://medium.com/@barmstrong/coinbase-and-the-irs-c4e2e386e0cf#.wzdckltk3"> Brian Armstrong's response on Medium</a></li> <li><a href="http://www.forbes.com/sites/laurashin/2016/11/30/bitcoins-blue-chip/"> My magazine feature on Coinbase</a></li> </ul> This episode was sponsored by <a href="http://www.thinkonramp.com/">Onramp</a>. Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

With Deadline Looming, Will The SEC Approve A Bitcoin ETF?

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.