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Kentucky treats bitcoin as a cash equivalent and requires sellers accepting bitcoins as payment in a taxable transaction to convert the bitcoin into U. When prompted, create a personalized 4-digit PIN for further verification. In certain countries, PayPal does not allow users to transfer Bitcoin off the platform. See Division of Banks, Opinion May 22, Those addresses are mostly virtual wallets of some sort, as long as the person or entity that setup the virtual wallet used some real identifying information, it is very easy for anyone to track down that person or entity.
