Bitcoin Fair Got a Shoutout in a Modern US Preeminent Court Opinion

2018-6-21 22:24

That’s not something you see every day: an opinion from the U.S. Supreme Court that makes a reference to cryptocurrencies.
On June 21, the Supreme Court issued a ruling on , a court case involving a dispute over whether worker stock options can be taxed as a kind of “compensation” in the same way that money is.
However, the ruling made Wednesday by the Supreme Court has confirmed stocks do not count as “money remuneration” and the case should be “remanded for further proceedings consistent with this opinion,” according to majority opinion issued Thursday.
That’s a notable argument coming from the more conservatively minded Supreme Court, setting the stage for what is the first reference to bitcoin in a U.S. Supreme Court ruling.
Perhaps it’s far too early to say – but it’s not impossible that questions about the nature of bitcoin could one day make their way to the Supreme Court.

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