A presidential working group expects to make recommendations on how to regulate the booming digital currencies amid concerns over their stability.
While it’s not for everyone, there are some circumstances where limited cryptocurrency involvement can make sense for traditional companies.
"We think that becoming a public company really sets us up to be a trusted platform in the digital currency industry."
In a recent note to clients, UBS Bank said that regulatory crackdowns could pop the “bubble-like” crypto markets.
The U.K.'s financial watchdog “is sending a strong signal that it is worried about the dangers of investing in cryptocurrencies."
The cryptocurrency was used to pay the ransom in the attack on the Colonial Pipeline system.
Now is the time for CFOs to get a handle on their cryptocurrency exposures and start figuring out a blockchain strategy.
Bitcoin dropped under $40,000 for the first time in three months, losing 15% of its value overnight.
“Those who transact with cryptocurrency must meet their tax obligations like any other taxpayer.”
The blockchain technology giant also hired Kristina Campbell, previously finance chief at fintech firms Green Dot and PayNearMe, as its CFO.
The three indexes will measure the performance of digital assets listed on registered open exchanges.
The cryptocurrency exchange's buoyancy is tied to the crypto frenzy, as most cryptocurrencies are seeing irrational exuberance.
