Crypto-Tuesday, September 12, 2023 – The U.S. Department of the Treasury and the IRS are making new rules for people who deal with digital money, like Bitcoin and other cryptocurrencies. Starting January 1, 2025, if … Continue reading Ready For New IRS Form 1099-DA?
Mr. Dave Guttman
Friday May 5, 2023 – Meet Dave Guttman, Cheif Operating Officer of CryptoFi. As COO Mr. Guttman is responsible for helping Banks and Credit Unions add the ability for their customers to buy, sell and … Continue reading Mr. Dave Guttman
Crypto Crackdown!
Crypto-Tuesday February 14, 2023 – The crypto world has been rocked by several major regulatory actions. New York regulators shut down new issuance of the world’s third-largest stablecoin, BUSD, while the SEC fined the parent … Continue reading Crypto Crackdown!
Blockchain – Tokenized
Crypto-Tuesday February 7, 2023 – Tokenizing assets like stocks, bonds and real estate has been an idea bandied about within the financial services industry for years. Blockchain-based platforms such as Ethereum are now leading the … Continue reading Blockchain – Tokenized
Crypto Losses? Tax Gains!
Crypto-Tuesday January 31, 2023 – If you’re like most crypto enthusiasts, you’re probably not too thrilled about the recent losses in the market. But did you know that there may be a silver lining? In … Continue reading Crypto Losses? Tax Gains!
Taxing NFTs
Tuesday March 23, 2022 – NFTs have gone mainstream – but the IRS has not yet come up with guidelines on how they should be taxed – Capital Gains, Income, dividends, or collectibles? “The digital … Continue reading Taxing NFTs
El Salvador Adoption Day!
Today September 7, 2021, El Salvador became the first country in the World to adopt Bitcoin as an official currency. And so, the experiment begins – but not without some drama. Bitcoin took a dive … Continue reading El Salvador Adoption Day!
Crypto Gets Cred
Cryptocurrency is fast becoming mainstream. With Shark Tank’s Mr. Wonderful making a 180 on his outlook for the industry, El Salvador becoming the first nation in the world to adopt bitcoin as one of its … Continue reading Crypto Gets Cred