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.
As the coronavirus ignites a frenzy of global paranoia, blockchain stands out as a possible solution to increasing efficiency and oversight. See what one expert is saying about how blockchain can help tackle the pandemic.
With crypto adoption steadily growing every year, a new report from Deutsche Bank reveals that its proliferation is emulating that of the early Internet. The bank is confident that digital assets have the potential to replace cash and will reach 200 million users by 2030. See what other insights are revealed.
After much debate on drafting a fair set of rules for crypto taxation, Congress has finally proposed a new bill that may prove to be a boon for the industry. See how they plan to shake up future tax seasons for crypto users.
As the crypto market continues to mature, more and more investing opportunities are coming online. The latest entrant from the Chicago Mercantile Exchange is yet another options platform, and its launch this week did not disappoint. See how its successful debut has buoyed much of the market.
As the public’s preference for cashless options grows with every year, more countries are beginning to go digital with their own central bank digital currencies. Here’s why crypto thought leader Jeff Bone argues that the Federal Reserve must get in soon.
The U.S. Congress is starting the New Year by taking a big leap into the cryptocurrency market. As a nascent bill works its way through the system, we take a look at some of the big changes that could be coming to the industry. Don’t sleep on these.
