As fear grows that COVID-19 could spread through cash interactions, around the world, people are seeking alternatives. See how the pandemic has highlighted the potential of central bank digital currencies in times of crises, and how they may play a role in the global economy in the near future.
COVID-19 has pushed a large share of the workforce to work virtually, which has proved to be problematic for many in rural areas who don’t have internet access. Find out how one project is leveraging crypto to offer relief.
As global demand for medical supplies surge in response to the COVID-19 pandemic, legacy supply chain systems are cracking under the pressure. Here’s how blockchain can revolutionize the status quo and usher in a level of efficiency like never before.
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?
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.
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.
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.
China has triggered a wave of interest for crypto across the globe. As China readies its digital yuan for release, the world awaits response from the U.S. See why one expert argues that the Trump administration must act now.
