JP Morgan: Digital Money Foundation Laid, Blockchain In Banking Years Away

News A recent report by a Major United States bank JP Morgan Chase suggested that current blockchain developments are lying down the foundation for digital money, but adoption is still years away. A report published by JP Morgan on Feb. 21 suggests that the finance industry is moving beyond blockc..

Bitcoin Price Grapples With $10K — 2 Scenarios for The Week Ahead

Market Analysis Bitcoin (BTC) bears took their pound of flesh last Wednesday. However, was this simply a long-overdue correction that was needed for Bitcoin to continue to rally to fresh highs? Today I’m going to look at the two scenarios that could play out next week. Daily crypto market perform..

Former CFTC Chair Giancarlo Says Fed Should Create a Digital Dollar

News Christopher Giancarlo, the former chairman of the Commodity Futures Trading Commission (CFTC) believes it's time for the Federal Reserve to issue a fully digital currency on Feb. 21. Giancarlo told Yahoo Finance’s On the Move program that the Federal Reserve must issue a digital currenc..

No Backdoor on Human Rights: Why Encryption Cannot Be Compromised

In April 2019, the UK issued an Online Harms White Paper to announce its campaign to rein in “harmful speech” on social media sites such as Facebook and TikTok. The public consultation period has ended and a full consultation response is expected in Spring 2020. (Initial Consultation Response here.)..

Sectors Realizing the Full Potential of DeFi Protocols In 2020

Analysis As the new decade unreels, a new wave of disruption seems to be coming to the shores of the global financial system. That wave is called decentralized finance protocols. Decentralized finance, or DeFi, simply refers to financial software that is built on the blockchain to make it easy for..

How the IRS Audits Cryptocurrency Tax Returns – Filing Expert Shares Example, Insights on...

Tax season is one of the most dreaded times of the year for many, and when the added confusion of filing crypto returns is thrown into to the mix, things can get even stickier. recently talked with Clinton Donnelly of Donnelly Tax Law, a service that specializes in crypto returns. T..