Business

A third of Americans to buy Bitcoin by end of 2022, says Ric Edelman

Bitcoin bull and founder of Edelman Financial Engines Ric Edelman has made some promising predictions about the future of the seminal cryptocurrency. In an interview

Business

IMF: Bitcoin matured to ‘an integral part of digital asset revolution’

Crypto is no longer an obscure asset class within the financial ecosystem, but a growing correlation with the stock market undercuts the “investment hedge” role

Business

US lawmaker hints at upcoming crypto legislation as Jerome Powell says Fed will release report on digital currency soon

At his confirmation hearing in front of members of the Senate Banking Committee, Federal Reserve chair Jerome Powell said the agency would be releasing its

Business

Iran to allow crypto payments for international trade: Report

The Central Bank of Iran, or CBI, and the Ministry of Trade have reached an agreement to link the CBI’s payment platform to a trade

Business

Coinbase, PayPal join TaxBit Network for free crypto tax forms

Crypto tax compliance firm TaxBit is working to unite major industry companies like Coinbase and Binance.US within one network to enable free 2021 tax forms

Business

FTX founder urges regulators to create a unified crypto framework

Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, reportedly called out regulators to create a single framework for digital assets in the Asian Financial

Business

FTC issues public warning about new crypto ATM scam

The United States Federal Trade Commission published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an

Business

Thailand government to clear up crypto tax confusion

Thailand is fast-tracking its crypto tax plans as it readies regulations for digital asset traders this month in an effort to provide further clarity on

Business

Single inactive volcano has 90% chance of powering El Salvador’s Bitcoin City, according to president

El Salvador President Nayib Bukele has claimed officials will be able to use geothermal energy from one of the country’s inactive volcanoes to power its

Business

Law Decoded: Looking ahead to 2022, Jan. 3–10

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