Although President Trump is still contesting the U.S. election, Joe Biden is moving forward with onboarding Gary Gensler, a crypto-savvy, former Wall Street veteran, as the head of the financial policy transition team. Find out how Gensler may influence the crypto sector and what his current opinions are on crypto.
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In the midst of the presidential elections fumbling through chaos and uncertainty, Bitcoin has staged a big comeback. Whether it’s uncertainty from the election, a new spike in COVID-19, or fear of missing out, the token is now at the highest level since 2018. See why the crypto community thinks there’s still plenty of more upside.
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With JP Morgan gradually taking bigger steps into crypto, it seems the largest bank in America has shifted its previously negative outlook into an optimistic one. See what’s making its executives so bullish on Bitcoin.
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Being one of the largest payment processors in the world, PayPal just shook the markets by announcing its move into crypto. Users will now be able to buy, sell, and hold crypto on their PayPal wallets, thus bringing crypto further into the mainstream. See how PayPal plans to introduce crypto to millions.
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As a wave of crypto banks starts to come online in the U.S., a recent piece from Mark Binns in Cointelegraph asserts that traditional banks better get on board sooner rather than later. How might we expect traditional banks to further embrace crypto in the coming years? Here’s the title wave of adoption that may be on the horizon.
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When imposing regulations, the U.S. government can all too often hinder growth, so it’s no surprise that many crypto advocates have been wary of Uncle Sam’s intentions for their space. However, if the latest words from Brian Brooks, the Acting Comptroller of the Currency, are any indication of how the government will oversee crypto, the outlook is very promising.
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As crypto plays an increasingly large role in society and becomes intertwined in the fabric of finance, a new study has just revealed eye-opening insights into how quickly it is growing around the world. What is causing adoption to skyrocket, and what can we learn for the future? Find out here.
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Just a few years ago, institutional investors didn’t have cryptocurrencies anywhere on their radar. Today, that’s completely changed, as many of these same firms are taking advantage of every price dip to snatch up crypto at a discount. What has made them so keen on Bitcoin and others in such a short period of time? Find out why here.
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Crypto Tax Insights from Co-Founder Justin Woodward TaxBit helps you automatically sync crypto transactions from exchanges so that you can file your taxes accurately, even as regulations evolve to reflect an increasingly sophisticated cryptocurrency landscape. TaxBit has also been working hard to clarify the precise forms and documentation taxpayers are required to submit in order…
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As crypto garners more space in the institutional sector, Kraken made big waves this week by becoming the first crypto bank in U.S. history. See what big changes this could bring to the U.S. market and what crypto banking services Americans will now have access to.
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