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Monthly Archives: January 2021

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Banks with Big Blockchain & Crypto Plans

Banks with Big Blockchain & Crypto Plans

NewsBy adminJanuary 28, 2021Leave a comment

Banks, traditionally conservative and risk-averse institutions, are increasingly getting involved in blockchain and digital currency transactions. Here are the latest three banks with big blockchain plans, and what their role in mainstreaming cryptocurrencies might mean for the future…

What Crypto Should Expect From the Biden Administration

NewsBy adminJanuary 21, 2021Leave a comment

We’ve all seen both DeFi and cryptocurrencies playing a larger and larger role in the world economy, and adoption increasing at institutional, personal and the policy levels. With the Biden administration, will we finally get the key officials the cryptocurrency world has been waiting for?

50% More Financial Planners Bought Crypto in 2020 (for Clients and Themselves)

50% More Financial Planners Bought Crypto in 2020 (for Clients and Themselves)

NewsBy adminJanuary 14, 2021Leave a comment

A recent poll found huge increases in financial planners as well as their clients purchasing cryptocurrencies. While that’s a big deal, there’s even bigger news on widespread crypto access and adoption…

OCC Tells Banks Use Blockchain Payments

OCC to Banks: “You Can Use Blockchain for Payments”

NewsBy adminJanuary 7, 2021Leave a comment

The OCC finds blockchain to be on par with other widely-used electronic payments like SWIFT, ACH and FedWire, and even said blockchain payments could provide a more resilient system as the large number of nodes would limit tampering on the network. Has crypto finally come of age?

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Important Disclaimer:
Pricing data (and resulting portfolio valuation and performance data) displayed on the Site are provided by or based on information provided by one or more exchanges, may be delayed or otherwise not up to date, may be incorrect, and there is no guarantee that any amount of Digital Currency can be purchased or liquidated for the price indicated. No price is guaranteed until the transaction is settled.

All pricing and other information (including portfolio valuation and performance data) on the Site is provided on an "as is" basis for your personal information only, no representations are made as to the accuracy of such information, and you agree not to rely upon such information for any purpose. BitIRA (a) expressly disclaims the accuracy, adequacy, or completeness of any pricing or valuation or performance data displayed and (b) shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon. BitIRA shall not be liable for any damages relating to your use of the information provided on the Site.

All transactions must be verbally confirmed, are subject to BitIRA's Customer Transaction Agreement, and additional documentation confirming the transaction will need to be executed before a transaction will be processed.

Important Tax Considerations:
BitIRA is not a legal or tax professional and does not provide legal or tax advice. It is BitIRA's understanding that Digital Currencies may be held in an individual retirement account, but if you have any questions regarding the legal rules applicable to individual retirement accounts, including which assets may be held in such an account, you should contact a legal or tax advisor. BitIRA makes no representation or warranty that purchasing Digital Currency for placement in an individual retirement account complies with government regulations or statutes or that current rules and statutes (or the interpretation of existing rules and statutes) will not change.

Important Investment Considerations:
In BitIRA's opinion, Digital Currencies are a highly speculative investment, and anyone considering purchasing Digital Currency should have the financial flexibility and resources, and the risk tolerance, to lose the entire investment. BitIRA does not offer any opinion as to which Digital Currency(ies) to purchase, in what amount, and for how long a customer should hold such Digital Currency. Nor does BitIRA offer any opinion as to what percentage, if any, of a customer's portfolio should be devoted to alternative and highly speculative investments like Digital Currency. Historical performance is no guarantee of future results. BitIRA does not guarantee or represent that anyone purchasing Digital Currency will make a profit.

BitIRA is not an investment specialist, tax specialist, financial planner (certified or otherwise), or retirement advisor, and BitIRA does not provide investment advice, tax advice, financial planning services, or retirement planning or retirement-specific advice. BitIRA facilitates the purchase of Digital Currency, nothing more, and charges a fee for the service it provides (based on the transaction value). No fiduciary relationship, broker dealer relationship, principal agent relationship or other special relationship exists between BitIRA and its customers.

Customers purchasing or liquidating Digital Currency make all investment decisions.

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