Tag Archives: crypto

[ad_2][ad_1] The US tax agency has made it clear who should answer “yes” to a question about the cryptocurrency business included in the draft 1040 form for federal income tax. As reported in September, the Internal Revenue Service (IRS) revealed it would reposition an application on Form 1040 for 2020 …

[ad_2][ad_1] The Federal Reserve, along with the Financial Crimes Enforcement Agency (FinCEN), an agency of the United States Treasury, have called for comment on a proposed rule that lowers the reporting threshold under the Bank Secrecy Act (BSA) from $ 3,000 to $ 3,000. 250 for transactions outside the United …

[ad_2][ad_1] Paypal’s entry into the cryptocurrency industry continues to expose the gap between traditional cryptocurrency players who are less enthusiastic and non-crypto players who support the move. Non-crypto players like Morgan Stanely analysts agree with the idea that the payment giant’s move will lead to greater adoption of cryptocurrencies. However, …

[ad_2][ad_1] In this problem: The leading US payment company launches the cryptocurrency service as adoption grows • Launch of blockchain supply chain solutions, copyright and satellite communications • CFTC Guide Addresses Crypto Deposits, Travel Rules White Paper published • Stop Target Criminal Network using Crypto, FinCEN Fines Tumbler Operator The …

[ad_2][ad_1] Bitstamp, a Luxembourg-based cryptocurrency exchange, announced Thursday that it has named Julian Sawyer as its new CEO. Sawyer will take over the position from Bitstamp founder, Nejc Kodrič, who will notably remain an “integral” part of the cryptocurrency exchange and has moved into a non-executive role as a member …

[ad_2][ad_1] It seems not everyone from the crypto community has warmed up PayPalThe decision to venture into the cryptocurrency market. In a tweet recalling the move of the payment giant to cryptocurrencies, Ripple CEO Brad Garlinghouse She said was disappointed with Paypal’s upcoming crypto integration as he believed this would …

[ad_2][ad_1] PayPal’s support for Bitcoin and other cryptocurrencies shoots the price to $ 13,200. Ethereum focused on gaining ground over $ 400 despite steam leak; $ 390 is provided as short-term support. The social volume of XRP also decreases after Ripple announced a possible move from the United States. The …

[ad_2][ad_1] Top line PayPal has finally decided to embrace cryptocurrencies and will soon be offering its US customers the ability to buy, hold, sell and use various virtual currencies, having obtained a New York license that allows it to do so – a move long overdue by enthusiasts of cryptocurrencies, …

[ad_2][ad_1] The largest digital currency in the world rose 3.4% on Monday to around $ 11,835. Bitcoin’s biggest rally in more than a week has pushed it to the brink of $ 12,000, a key level observed by charts and technicians. The largest digital currency in the world rose 3.4% …

[ad_2][ad_1] Litecoin (LTC) and smart contract platform Cardano (ADA) are exploring a “Velvet Fork” partnership that will unlock new features in the 10th largest cryptocurrency such as cross-chain communications, smart contract capability and improved scalability. In July, Cardano creator Charles Hoskinson invited Litecoin Foundation CEO Charlie Lee to potentially collaborate …