NFTs and the mob: When gangsters enter, is it time to leave?
A mob-themed NFT collection has launched, but recent data suggests the nonfungible token market may already have peaked. Go to Source Powered by WPeMatico
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64% of US adults are interested in crypto, new survey shows
The number of U.S. crypto investors is set to almost double in 2021, according to a new survey by Gemini. Go to Source Powered by WPeMatico
Ohio senator wants clarity for crypto tax reporting in proposed bill
Senator Rob Portman said lawmakers were “still pulling in information” on crypto to formulate the bill, implying he announced it to the public prematurely. Go to Source Powered by WPeMatico
Governments can stop Bitcoin by shutting down mining, says Electric Capital exec
“If the U.S. stopped all the U.S. miners, Kazakstan stopped all the miners there — that kind of shuts down 80-90% of the hashrate pretty quickly,” said Curtis Spencer. Go to Source Powered by WPeMatico
Former currency comptroller to become CEO of Binance.US crypto exchange
Former top U.S. banking regulator Brian Brooks is joining the U.S. affiliate of the world’s largest cryptocurrency exchange as its new CEO. Go to Source Powered by WPeMatico
PayPal-owned Venmo launches cryptocurrency trading
Venmo is following in the footsteps of its rival, Square’s Cash App, by introducing cryptocurrency trading. Go to Source Powered by WPeMatico
More IRS summonses for crypto exchange account holders
The recent John Doe summons developments indicate that the IRS is seriously interested in crypto — better to report than to be audited. Go to Source Powered by WPeMatico
SEC loses a battle to win the war? Ripple dissociates from pumping XRP
While the defendants may have gained an edge in pre-trial rulings in SEC v. Ripple Labs, are Ripple’s legal troubles now over? Go to Source Powered by WPeMatico
The crypto FBAR: Implications beyond
What crypto owners should know if crypto accounts fall within the new Foreign Bank and Financial Accounts regulations. Go to Source Powered by WPeMatico
Cathie Woods’ Ark buys a further $110M worth of Coinbase shares
Three exchange-traded funds offered by Cathie Wood’s Ark Invest added a total of 341,186 shares in Coinbase (COIN) worth a combined $110 million on April 15. Go to Source Powered by WPeMatico