Tag Archives: U.S.

U.S. Congressman Reintroduces Bill to Give ‘Safe Harbor’ to Cryptocurrency Firms

United States Congressman Tom Emmer (MN-06) this week reintroduced a bill designed to provide regulatory clarity for cryptocurrency companies. Tagged the ‘Blockchain Regulatory Certainty Act’, it was initially introduced on the floor of the house in September 2018 alongside two other cryptocurrency-related legislative namely a House resolution to express support for cryptocurrency and blockchain technology, and the Safe Harbor for Taxpayers with Forked Assets Act of 2018, aims to address confusion surrounding how to report gains made as a result of cryptocurrency forks to the Internal Revenue Service (IRS). Continue reading U.S. Congressman Reintroduces Bill to Give ‘Safe Harbor’ to Cryptocurrency Firms

Coinbase Launches Direct Crypto to Crypto Conversion for U.S Customers

As part of its 12 Days of Consecutive Announcement, major cryptocurrency exchange Coinbase has launched a new feature that allows investors to convert their cryptocurrencies into other digital assets, according to a company announcement on December 17, 2018. Called the “Convert,” the exchange claims the new feature is way cheaper than selling and buying a different digital asset, which is the process most investors go through. With this feature, customers would be able to convert between Bitcoin, Ethereum, Ethereum Classic, Bitcoin Cash, Litecoin and 0X, for the initial rollout. Continue reading Coinbase Launches Direct Crypto to Crypto Conversion for U.S Customers

Why Major U.S. Financial Companies Avoid the Crypto Market

Major U.S. companies have been avoiding the crypto market for a long time. And now, according to Mike Novogratz, a prominent investor and former hedge fund manager at Fortress Investment Group, there is a major reason for this. Continue reading Why Major U.S. Financial Companies Avoid the Crypto Market