Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

House Bill Would Impose ‘Wash Sale’ Securities Rule on Crypto
House Bill Would Impose ‘Wash Sale’ Securities Rule on Crypto
September 15, 2021  |  Cryptocurrency

House Democrats are putting forward legislation that will help close a tax loophole for cryptocurrency investors, making it so crypto is subject to anti-abuse rules...

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Australia’s Zip to Allow Merchants to Accept Bitcoin Payments, Adds Crypto Trading
Australia’s Zip to Allow Merchants to Accept Bitcoin Payments, Adds Crypto Trading
September 14, 2021  |  Cryptocurrency

Zip, an Australia-based buy now, pay later (BNPL) firm, has begun working in cryptocurrency, the Financial Review reported. The company compared the innovation in the...

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Bitcoin Daily: China’s Hebei Province Aims to Punish Crypto Miners; Crypto Hedge Funds See Nearly 24% Gains in August
Bitcoin Daily: China’s Hebei Province Aims to Punish Crypto Miners; Crypto Hedge Funds See Nearly...
September 14, 2021  |  Bitcoin

China’s cyberspace commission in the Hebei province has confirmed it will work alongside other government departments to help crack down on digital currency trading and...

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Crypto Hedge Funds See Nearly 24% Gains in August
Crypto Hedge Funds See Nearly 24% Gains in August
September 14, 2021  |  Cryptocurrency

Cryptocurrency hedge funds gained close to 24% last month thanks to huge swings in the price of digital assets, the Financial Times (FT) reported Tuesday...

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Bundesbank Head: Digital Euro Should Happen Gradually
Bundesbank Head: Digital Euro Should Happen Gradually
September 14, 2021  |  Cryptocurrency

The digital euro needs to start small to avoid disrupting the banking sector, the head of Germany’s central bank said Tuesday (Sept. 14). Get the...

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SEC’s Gensler to Appear Before Senate Banking Committee on Regulating Crypto
SEC’s Gensler to Appear Before Senate Banking Committee on Regulating Crypto
September 13, 2021  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chairman Gary Gensler is expected to face heavy questioning over plans to regulate the cryptocurrency markets when he appears before...

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Crypto Firms Still Struggle to Comply With AML Regulations
Crypto Firms Still Struggle to Comply With AML Regulations
September 13, 2021  |  Cryptocurrency

The cryptocurrency industry continues to gain momentum around the world, but a “significantly high” number of U.K. cryptocurrency firms have failed to meet regulations aimed...

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Bitcoin Daily: Fidelity Investments Aims to Expand Crypto Team by 70% This Year; S. Korea Exchanges Face Licensing Deadline
Bitcoin Daily: Fidelity Investments Aims to Expand Crypto Team by 70% This Year; S. Korea...
September 13, 2021  |  Bitcoin

Fidelity Investments is bolstering its digital assets team as crypto sees a glut of financial advisers, family offices and other investors get on board, according...

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MoneyLion Intros Crypto Trading with $1M Prize Before IPO  
MoneyLion Intros Crypto Trading with $1M Prize Before IPO  
September 13, 2021  |  IPO

FinTech MoneyLion, set to go public Sept. 22, introduced cryptocurrency buying and selling for Bitcoin and Ethereum from within the company’s app on Monday (Sept....

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