This post was originally published on this site. For over a decade, cryptocurrency has been synonymous with a promise of freedom: access to a decentralised digital realm operating beyond the reach of traditional banks and governments. That promise is about to be broken. A global tax crackdown is coming for…
Browsing CategoryCryptocurrency
Digital asset transactions: Broker reporting, amount realized, and basis
This post was originally published on this site. Digital assets continue to be at the forefront of investing and policy discussions. American ownership of cryptocurrency has nearly doubled in the last three years or so, with 28% of American adults holding cryptocurrency and more expressing interest in buying cryptocurrency this…
What Are the Impacts of Solar Flares on Cryptocurrency Transactions?
This post was originally published on this site. How can solar flares affect your crypto transactions? As odd as it may sound, solar flares are a hidden danger that can impact the cryptocurrency realm. These solar events can complicate the communication systems that underpin financial transactions. In a time when…
Cryptocurrency mixing service used to launder money taken down
This post was originally published on this site. Authorities from Germany and Switzerland, together with Eurojust and Europol, took down a cryptocurrency mixing service suspected of being used by criminals to launder proceeds from various criminal activities, such as drug trafficking, weapons trafficking, online fraud and other cybercrimes. During an…
Bitcoin’s Next Chapter: From Rebellion to Regulation
In 2009, it was a radical idea. A supposedly decentralized circulating medium independent of banks and states (fiat money). Finally in a gross contradiction, it represented freedom-the stiff rebellion against financial tradition. In this section (2015) a foreign currency policy file drafted by the Chinese government made clear that Bitcoin…
The Future of Bitcoin After the 2025 Crash
In 2025, Bitcoin went through a brutal shake. The crash cleared out weak hands, forced liquidations, and retested confidence. But crashes for Bitcoin aren’t new, they tend to lead to new cycles, new winners, and losers. So the question: what’s next? What just happened (and why it matters) The crash…