IRS Modifies Crypto Question on Tax Form — Now Focusing on Taxable Cryptocurrency Transactions – Taxes Bitcoin News
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CryptoCurrency
Goldman Sachs Clients Want In on the Cryptocurrency Frenzy
According to a Bloomberg report, the ultra-rich clients of Goldman Sachs are interested in cryptocurrency. An Ever-growing Interest The news agency quoted a recent survey from the American financial giant, which shows that almost half of the family offices interviewed are keen to add crypto to their investments. Family offices specialize in managing
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Dogecoin becomes the 7th cryptocurrency accepted on Coinbase Commerce
Coinbase Commerce, the e-commerce arm of the United States-based crypto exchange, has added support for Dogecoin payments.According to a Twitter announcement, Dogecoin became the seventh cryptocurrency for merchants to accept payments on Coinbase’s e-commerce portal. The platform currently supports Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC) along with
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SEC Chairman says cryptocurrency falls under security-based swaps rules
The Securities and Exchange Commission, or SEC, may soon issue new rules for the regulation and registration of security-based swaps, including cryptocurrency.In a speech to the American Bar Association Derivative and Futures Law Committee SEC Chairman Gary Gensler laid out the changes coming to security-based swaps over the next year.
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CRYPTOCURRENCY WALLET DEVELOPMENT | CCG
A cryptocurrency wallet may be a software functionality allowing users to earn, monitor, and transfer virtual currencies. Unlike existing banks or pocket wallets that store physical currencies, cryptocurrencies can only be recorded as transactions on the blockchain technology. If a cryptocurrency is transferred to the wallet it means the ownership
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US FDIC seeks insight on banks’ role in cryptocurrency markets
The United States Federal Deposit Insurance Corporation is looking for information and public comments on banks' cryptocurrency-related activities.The FDIC is the major provider of deposit insurance to U.S. commercial and savings banks, originally created to address bank runs during the Great Depression. On Monday, the FDIC officially announced a request for public
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Which ‘green’ cryptocurrency is Tesla likely to add for payments?
On May 13, Elon Musk sent shockwaves across the crypto markets by revealing that Tesla will no longer accept any BTC payments for cars until Bitcoin mining becomes more environmentally sustainable. Musk notes that while Tesla waits for Bitcoin to move to renewable energy, the firm will be looking at
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Wallstreetbets Calls Out Cryptocurrency Scam Using Its Likeness
The Wallstreetbets collective has denied their involvement with the Wallstreetbets cryptocurrency. A Reddit post by u/OPINION_IS_UNPOPULAR claims an ex-mod is behind the scam, which he describes as a “crypto pyramid scheme.” In February, at the height of the Wallstreetbets mania, it emerged that the mods had split over a potential movie
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