A letter the tax bureau sent to a key senator says stronger penalties for failure to report cryptocurrency-based income gains might also help deter cyber criminals.
With the Federal Reserve set to begin raising rates in a few weeks I thought it time to dive back into a discussion of crypto now that the 'easy money' era post-COVID is over.
• Jennifer Epstein, Jenny Leonard & Allyson Verspril
The Biden administration is preparing to release an initial government-wide strategy for digital assets as soon as next month and task federal agencies with assessing the risks and opportunities that they pose, according to people familiar with the m
The Federal Reserve is taking the next step in weighing whether to launch a U.S. digital currency, issuing a report Thursday that explores the potential benefits and drawbacks of such a move without indicating where it will land.
New York City's new mayor, Eric Adams, plans to convert his first paycheck this week into two cryptocurrencies, which he has been hyping as a potential economic engine for the city.
"The introduction of a CBDC would represent a highly significant innovation in American money," says The Fed in its much-anticipated report on the possible issuance of a U.S. digital currency.
Tesla now accepts dogecoin for some merchandise on its website. CEO Elon Musk delivered on the promise he made in December that his electric car company will accept DOGE. Meanwhile, Tesla still has not resumed accepting bitcoin.
• https://internationalman.com, by International Man
Editor's Note: Longtime readers may be familiar with Nick Giambruno.
Nick has worked closely with Doug Casey for many years and was previously Editor in Chief here at International Man.
A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals.
The owner of the world's largest crypto fortune, which stands at $96 billion, is likely an unsuspecting name that you wouldn't recognize: Changpeng Zhao.
'Let's Go Brandon' race driver Brandon Brown signs eight-figure two-year sponsorship deal with LGB crypto to appear in their ads, events and conferences after NASCAR banned their logo from his car
EO 13800 was written to protect federal cybersecurity and critical infrastructure. Of all the Executive Orders written by Trump, why wouldn't this one still be considered important? Why was it deleted from the White House website? Is it no longer p
Recently, Penguin team has announced the launch of their decentralized data network for Web3.0. With the advancement of blockchain technology, some innovative new players are entering the market.
Tesla CEO Elon Musk has weighed in with his thoughts on the real identity of the mysterious Satoshi Nakamoto, the anonymous person or group credited with creating bitcoin.
It has been a rather testing time for the latest and newest cohort of crypto owners (especially those expecting quick and easy gains), because aside for major breakout at the start of the year, and a second one in the middle of 2021, bitcoin is where
Manasquan Bank, a mutual community bank in New Jersey serving residents since 1874, has announced it is partnering with the company Bakkt to give its retail clients the ability to buy, sell and hold cryptocurrency through the bank's mobile banking