Moving into the new election cycle, politicians in the US are firming up their positions on cryptocurrency in a bid to either cement themselves as supporters of the trillion dollar market or to position themselves as antagonists due to security fears. This guide details the most vocal supporters and detractors of crypto in the US political realm,…
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Leaders of the world’s 20 largest economies are absolutely obsessed with crypto. Now they have a plan to coordinate legislation, regulation and crypto adoption across 80% of the world’s GDP…
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Cryptocurrency is about to take a major step forward in global acceptance with the upcoming G20 summit poised to lay out model regulatory framework for integrating crypto into existing and new financial systems. India, acting as the current leader of the G20, will be bringing forward recommendations from the G20’s Financial Stability Board (FSB) and…
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It might not be immediately apparent, but the US is inching closer toward a comprehensive regulatory framework for the crypto market. Despite one arm of the federal government – the Securities and Exchange Commission (SECs) – filing back to back lawsuits against crypto companies earlier this summer, the SEC’s court losses against Ripple paired with the introduction…
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Those who actively play the cryptocurrency exchanges – such as regularly trading in hopes of scoring rapid profit – can expect to see more tax reporting requirements as soon as next year. Part of the Biden infrastructure bill was a proposal for the IRS to increase the required reporting on cryptocurrency transactions in an effort to…
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If you’ve ever wanted the opportunity to look back and remember fondly how you bought low and then sold high, the crypto market is perfectly poised to give you that opportunity. Bitcoin and its competitors have all taken a dip in recent weeks, leading experts to declare them as “oversold” (meaning the price drops have…
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Real World Property Adds Further Legitimacy to Crypto If you can buy property with it, it has credible value – that’s the story coming out of Spain and 19 other countries with properties available for purchase in cryptocurrency. A new study found hundreds of properties around the world that could be bought using crypto, indicating that,…
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The crypto wallet sphere – through which users are able to access, purchase, and trade cryptocurrency – was rocked this week when data security company Fireblocks publicly identified a series of vulnerabilities in several major wallets that could allow thieves to take funds without leaving any trace. Millions of users of popular wallets such as Coinbase WaaS,…
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Crypto is having a breakaway moment, and it might not stop until it’s running parallel with gold as the most favored method for future-proofing assets. The combination of the recent downgrading of US credit, Ripple’s win over the SEC, and BTC’s announcement that it will soon be halving has at least one Wall Street executive…
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What does it look like when a country fully embraces cryptocurrency? We need look no further than El Salvador to find the answer, as the country has adopted bitcoin as an official currency, provides free of charge education opportunities to its citizens, and is quickly becoming the mecca for cryptocurrency tourism. The results, while predictable…
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