What Is The New Crypto Tax Guidance All About?

Image by USAF illustration/Sr. Airman Courtney Witt / CC BY 2.0 The IRS has issued some long-awaited tax guidance on virtual currencies. The new guidance comes on the back of the agency’s recent efforts to educate taxpayers on their tax-reporting obligations arising from the receipt, use, and disposition of crypto.  This crypto tax guidance also comes…

World’s Leading Crypto Payment Processor Adds Top Coin

For cryptocurrency to be adopted on larger scale, it must be used to purchase products or services. Businesses are looking to payment processors to mediate these sales. One of the most popular crypto payment processors, BitPay, completes over $1 billion worth of crypto transactions annually. They have just added a Top 3 coin to their arsenal. Due to the company’s massive transactions volume and popularity, the inclusion of this new coin will likely translate to increased adoption of what was already an exceedingly popular token. Learn how this may play a crucial role in mass adoption.