Editorial Independence We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money. A top government official shared new […]
Cryptocurrency
Editorial Independence We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money. Crypto.com has been around since 2016, […]
Fidelity Investments said it will give the 23,000 companies that use the firm to administer their retirement plans the option to put bitcoin on the investment menu, becoming the first major retirement plan provider to do so. The move comes a month after the U.S. Department of Labor cautioned 401(k) […]
As an emerging issue, guidance on accounting for virtual currency as an investment or as a means of conducting transactions is still in the beginning phases. CPAs who are looking for helpful information may be interested in some of the resources profiled in this month’s column. Deloitte Perspectives Deloitte offers […]
It’s safe to say the crypto kitty is out of the bag. Over the past seven years, cryptocurrencies have rocketed from about $5.2 billion in market capitalization for the top 100 coins to nearly $1.7 trillion as of January 2022. Cryptocurrencies now represent the fourth-most popular type of investment among investors, behind only stocks, […]
Cryptocurrency continues to take hold as an international social, economic, and cultural phenomenon. Like with any new and emerging technology, the speed at which users have adopted cryptocurrency has drastically outpaced the speed of state and federal agencies in studying, much less regulating, the technology. But that is starting to […]