As more institutional investors pile into the crypto sector, it’s becoming increasingly important for regulators to have expertise in the industry. To this end, the Office of the Comptroller of the Currency just announced that Coinbase’s former Chief Legal Officer is taking a senior role with the agency. See what big waves he may bring to the crypto sector while overseeing the U.S. banking system.
As cryptocurrency becomes more mainstream and solidifies itself as a permanent player in the global financial space, two crypto giants are the first to take big leaps into IPOs. Will this move be the next big thing for the crypto industry and if so, what changes could this bring?
Did you know that the Library of Congress maintains a survey of cryptocurrency regulation around the world? This topic contains to remain a hot one as businesses try to maintain compliance with the evolving policy, and while the public tries to find reassurance that the cryptocurrency industry is a safe space. With careerlong involvement in…
With its announcement to offer an innovative insurance policy that will dynamically protect crypto in hot wallets, Lloyd’s of London may have just opened the floodgates to a new class of crypto investors. Find out what makes this policy so special, and what it could mean for the future of the market.
As we head into the height of tax season, we’re beginning to field more and more questions from our customers and the general public about crypto taxes. After all, the IRS has been relatively slow to offer clarity on lingering questions on the topic (although there are recent signs that that may be changing),…
Under the leadership of a Wall Street veteran, the United States’ first exclusive crypto bank will soon launch in Wyoming. Find out what critical gaps this enterprise will fill for crypto’s market infrastructure.
Even just in our Innovators in Crypto and Blockchain series, we frequently hear from guests that cryptocurrency got them to learn about the way financial systems work in ways they had never been aware of before; it brought awareness of concepts like ‘fiat currency’ beyond what they had encountered in schools and similar institutions. Blockchain…
Experts weigh in on updated IRS notices and changes for 2020 In the approximately dozen years of cryptocurrency trading, the IRS has been working through how to classify it and obtain its pound of flesh. The IRS has had to juggle its duty to provide clarity with the need to stay light on its feet…
As we reach the peak of tax season, the IRS’ guidelines on crypto tax reporting remain as vague as ever. In an attempt to address the confusion, the agency just announced a summit to meet with thought leaders in the space. Could they finally be coming close to a clear set of rules? Here’s what you need to know.
We’re starting off 2020 stronger than ever, with new initiatives to help make subjects ranging from cryptocurrency through financial literacy accessible to everyone. These efforts are part of BitIRA’s dedication to empowerment through knowledge. BitIRA U connects individuals with financial and crypto literacy resources Through BitIRA U, we’ve been collaborating with educators and experts…
