Author - Adam Gardiner

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Congress and Regulators Continue to Take On Cryptocurrencies

This week saw Congress and regulators taking another look at cryptocurrencies, both a sign of the increasing importance of cryptocurrencies and a worrying sign that Congress is setting its sights on cryptocurrency markets. No Congressional committee wants to be left out of the cryptocurrency action, so this week saw two new committees tackling the issues […]

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Midweek Cryptocurrency News Roundup

This week has been another busy one in the cryptocurrency world. Here are some of the top news items making the rounds today. Deputy Treasury Secretary Calls for Global Cryptocurrency Regulation Acting Deputy Treasury Secretary Sigal Mandelker recently called for the international community to enact stronger global cryptocurrency regulations. Mandelker, who is Treasury’s Under Secretary […]

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tax on cryptocurrency

It’s Tax Time for Cryptocurrencies

There are only two things in life that are inevitable: death and taxes. And as with any new and growing market, governments are increasingly targeting cryptocurrencies to ensure that they are able to take their cut from the market’s growth. Those who thought they could get rich without the government getting its share of the […]

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Bitcoin prices going up

Bitcoin Prices Back on the Upswing

After a month of price decreases that had many Bitcoin investors wondering when prices were going to stop dropping, Bitcoin’s price seems to have bottomed out and is beginning to appreciate yet again. Intraday prices last week saw Bitcoin drop to below $6,000. At the time of writing, Bitcoin’s price had increased to nearly $8,700. […]

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Credit Card Issuers Continue Crypto Crackdown

Following fresh on the heels of Coinbase warning its customers that cryptocurrency purchases made with credit cards would be treated as cash advances rather than as credit purchases, Bank of America and JPMorgan Chase have just recently forbidden their credit card customers from using their cards to purchase cryptocurrencies. According to reports, the companies were […]

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Royal Mint Launches Gold-Backed Cryptocurrency

After over a year of development, the UK’s Royal Mint has finally launched its gold-backed cryptocurrency, known as Royal Mint Gold (RMG). RMG offers investors a new way to invest in gold by offering the ability to own units of a cryptocurrency that is backed by gold. Each unit of RMG represents one gram of […]

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India to Ban Cryptocurrencies?

Following in the footsteps of neighboring China, the Indian government has recently made statements indicating that it, too, may ban the use of Bitcoin and other cryptocurrencies. Indian Finance Minister Arun Jaitley commented that the government will “take all measures to eliminate the use of these crypto-assets in financing illegitimate activities or as part of […]

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Coinbase Warns of Purchasing Problems With Credit Cards

In a sign that mainstream financial institutions are attempting to push back against acceptance of cryptocurrencies, Coinbase has publicized changes that have been made by credit card companies to purchases of cryptocurrencies with credit cards. Rather than being able to process those transactions as credit card purchases, Coinbase and other exchanges are being required by […]

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Wednesday Bitcoin News Roundup

The past 24 hours have seen a flurry of pretty important pieces of news in the Bitcoin and cryptocurrency world, so it’s hard to focus just on one. Here are some of the top stories to think about today. Facebook Bans Ads for Bitcoin and ICOs Facebook has decided to ban ads that feature cryptocurrencies […]

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Japanese Cryptocurrency Hacking Highlights Risks of Hot Storage

Japanese cryptocurrency exchange Coincheck announced over the weekend that over $500 million worth of cryptocurrency had been stolen from its accounts. The stolen cryptocurrency consisted of NEM coins, the exchange’s own cryptocurrency, and they apparently were stolen by hackers. Coincheck also offers Bitcoin trading, providing about 6 percent of the market for yen-Bitcoin trading. Coincheck […]

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