Mark Cuban’s Dallas Mavericks will support bitcoins as a method of payment, the NBA team announced via a press release on Tuesday. The post Dallas Mavericks to accept bitcoin as payment appeared first on The Block.

The Internal Revenue Service is considering cryptocurrency taxation a high enforcement priority, but it may need to offer more concrete guidance before moving forward with its enforcement activities, says one expert.  The post Expert: Cryptocurrency taxation ‘high enforcement priority’ for IRS, but hindered by uncertainty appeared first on The Block.

Fortaleza, the fifth-largest city in Brazil with a population of about 2.7 million, is set to accept bitcoin (BTC) payments for public transportation by the end of this year. The post Brazil’s fifth-largest city to accept bitcoin payments for public transportation appeared first on The Block.

The Internal Revenue Service (IRS) has begun sending letters to over 10,000 U.S. cryptocurrency investors last week, asking them to report their crypto holdings and pay taxes properly. The post Cryptocurrency investors start receiving letters from the IRS appeared first on The Block.