This article is the first in a series on the emerging world of digital assets. Additional articles explore Initial Coin Offerings, digital tokens, the virtual currency regulatory landscape, and ...

Virtual Currency Explained (Like You're an Idiot) Congress holds hearings on bitcoins, digital currnecy implicated in drug deals. By ABC News. November 18, 2013, 1:08 PM.

Virtual money could have very real effects for companies that help people transfer money. There are now more than 70 virtual currencies , with the largest players being Bitcoin, Ripples and Litecoin.

Virtual Currency Services in the Crosshairs. Next, the Office of Foreign Assets Control (“OFAC”) ended 2020 with its first ever enforcement action relating to virtual currency services.

Virtual currency may be a developing area of the financial sector, but there’s no doubt that it is exceptionally safe from the security pitfalls of traditional finance. 7.

This article is the first in a series on the emerging world of digital assets. Additional articles explore Initial Coin Offerings, digital tokens, the virtual currency regulatory landscape, and ...

“Convertible” virtual currencies are treated as capital assets for tax purposes. We'll get to what “convertible” means, but the first thing to say is that this is very good news.

Several virtual currencies are offshoots of bitcoin and are referred to as altcoins, according to Jerry Brito, a senior research fellow at the Mercatus Center at George Mason University. They ...