SUMMARY Cryptocurrency is digital money recorded on a blockchain, a shared ledger maintained by thousands of computers. Bitcoin, launched in 2009, was the first. You can buy cryptocurrency on exchanges or earn it through mining. Transactions are irreversible and values fluctuate wildly. The IRS treats cryptocurrency as property, requiring tax reporting on all transactions. Regulatory … Read more
The SEC’s Division of Corporation Finance has issued a statement providing guidance on disclosure requirements for offerings and registrations of securities in the crypto asset markets. The statement offers clarity on how existing federal securities laws apply to these offerings while acknowledging the formation of the Crypto Task Force to develop a comprehensive regulatory framework. … Read more
NFTs are still hot. $37 billion of transactions in the first four months of 2022. So, what’s the story with NFTs? And how do you monetize them? We’ll get to that second question, but let’s start from the beginning. And check the glossary — on the right or below, depending on your device — for … Read more