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
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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