More bullish news this week for crypto and crypto taxes in the US! I have Scott Martin, my own personal crypto tax CPA, here with me again to explain one of the big pieces of news. First ...
the SEC rescinded Staff Accounting Bulletin No. 121 (SAB 121), an accounting rule that prevented traditional banks and financial institutions from acting as custodians for crypto assets for their ...
Top coins Bitcoin, Ethereum, $XRP, and $SOL all started the week in the red Some crypto users believe 'there will be no altseason' this year due to the market's ...
Yes, it’s crypto. Stay with me, even if you’re skeptical. When many hear “crypto,” they think its chief use case is meme coins, whether of presidents, dogs or frogs. To understand the ...
The cryptocurrency exchange KuCoin pleaded guilty to operating an unlicensed money transmitting business and agreed to almost $300 million in fines and forfeitures, resolving a criminal case after ...
Corporate leaders from across industries—banks, asset managers, and payment firms—made it clear that crypto adoption is accelerating at a record pace. No longer seen as niche or experimental ...
Months later, here he is, back in the Super Bowl AGAIN. And he had a message using one GIF for all the haters out there who bet against him or made fun of him or whatever. After jokingly ...
altered its guidance so that financial institutions no longer have to account, on their own balance-sheets, for crypto assets held on behalf of customers. Chart: The Economist These changes will ...
Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee and an advocate for crypto regulation, co-wrote the letter with Rep. Jake Auchincloss, D-Mass., who sits on the House ...
When Fox News this past week asked David Sacks, a tech investor and Trump’s “artificial intelligence and crypto czar,” if the Trump coin creates a conflict of interest, he said no. Sacks ...
For example, after the executive order was signed the SEC rescinded a contentious crypto accounting rule called Staff Accounting Bulletin No. 121 (SAB 121) that effectively made it impractical for ...