The federal government is ramping up pressure on a leading digital-currency company to turn over a vast amount of its customer records as part of a tax-evasion probe, an effort that is raising privacy alarms. The Internal Revenue Service is focusing on Coinbase Inc., a popular exchange and “wallet” service for bitcoin, which has surged in value over the past year as a kind of digital alternative to gold. Some consumers use...
Source: Wall Street Journal March 27, 2017 13:52 UTC