U.S. lawmakers have called on the Internal Revenue Service to clarify a guidance for taxpayers earning gains on cryptocurrencies.
If adopted, the proposed amendment will enable candidates for public office in California to receive donations in bitcoin and other digital currencies.
The new fintech regulatory sandbox will look into activities of individual microlending while developing new alternatives for the traditional credit scores.
The latest Congressional Hearing had academic, engineering and entrepreneurial experts discussing how digital currencies should be dealt amid the existing need of innovation and education in this space.
The largest U.S. cryptocurrency exchange had to walk back its claims: the company did not get official approval from the U.S. Securities and Exchange Commission on the acquisition of three companies. The upcoming deal can dramatically expand the range of services provided by Coinbase and ensure its market domination – in case it goes through.
Mastercard has filed a patent application for a method of connecting blockchain-based assets to fiat currency accounts which will help to speed up crypto payments.
After comprehensive review of the activity of cryptocurrency payment processor BitPay, the New York Department of Financial Services granted BitLicense to the company.
As a part of this approval, Coinbase will be able to list the ICOs on their platform and thus trade digital tokens that are deemed as securities.
A new electricity rate scheme for cryptocurrency miners has been approved by New York state regulators. Now miners will pay more than average consumers.
U.S.-based mobile stock trading app Robinhood has added two new cryptocurrencies to the growing stable of digital assets that users can trade free of charge.