More Cryptocurrency Articles
Fast Take: Minimizing Settlement Risk in Cryptocurrency Transactions
Seeking liquidity, confidentiality and reduced slippage, large market participants have pushed the over-the-counter (OTC) cryptocurrency exchange volume to exceed, by some estimates, $12 billion daily. With settlement fees starting in the low single digits, as a percentage of trade size, and...Read More
Finance | FinTech
Fast Take: Cryptocurrency Taxation
Cryptocurrency: It’s mysterious, volatile and all over the news. In 2017 the value of bitcoin went from about $800 early in the year to almost $20,000. But the government is just starting to take a closer look.
The Internal Revenue Service classifies virtual currency as property and...Read More
Regulating Virtual Currency: The New Frontier
With its multiple financial uses, how should virtual currency be categorized?
In the last few years, virtual currencies such as Bitcoin, Litecoin, Ethereum and Ripple have moved to the forefront of social and economic discussions. While concerns over legitimacy, practicality and privacy...Read More