Have we learned nothing from history? The U.S. banking regulators' recent decision to ease restrictions on banks' involvement with crypto assets feels less like progress and more like a reckless gamble with our financial system. They all simply chant the terms “innovation” and “competitiveness.” I am still haunted by the...
On May 16th, Steak ‘n Shake will become the latest national chain to accept Bitcoin as payment. Notably, this decision follows Jack Dorsey’s glowing endorsement on X (formerly Twitter). The headlines are blaring “crypto revolution,” “domino effect” ready to take out the retail world. Meantime, corporations are said to be...
Tax policy analysts and crypto tax experts recently completed a new investigation. Their findings outline deeply pervasive and alarming failures in the existing crypto tax reporting system. Our multi-year investigation uncovers grievous harm to traders, investors, and miners. The IRS is expected to begin aggressively enforcing new 1099-DA rules and...
