by Jake Wengroff | Aug 10, 2021 | Blog
by Jake Wengroff As the use of bitcoin and cryptocurrency proliferates beyond speculators and industry insiders, many are wondering: Can crypto be used as collateral for a loan? More specifically, the question revolves around whether cryptocurrency can be used as...
by Jake Wengroff | Aug 10, 2021 | Blog
by Jake Wengroff Private cryptocurrency, also known as privacy coins, is a class of cryptocurrencies that offer anonymous blockchain transactions. In order to obscure the origin and destination of cryptocurrency transactions, some techniques used in trading...
by Jake Wengroff | Aug 10, 2021 | Blog
by Jake Wengroff For all the talk about the strength of the blockchain, about a fifth of all bitcoin issued, or around $20 billion, has been lost — most of it permanently — according to the Wall Street Journal. Investors in bitcoin and other cryptocurrencies...
by Jake Wengroff | Aug 10, 2021 | Blog
by Jake Wengroff A looming question about bitcoin and other cryptocurrency revolves around whether it is taxable.Over the years, the IRS has devised rules governing the taxation of cryptocurrency based on how it is used. Because crypto is often exchanged for fiat...
by Jake Wengroff | Aug 10, 2021 | Blog
by Jake Wengroff Thanks to increasing interest and requests from their customers, financial institutions have begun to take a closer look at accepting Bitcoin and other cryptocurrencies. Of course, “accepting” can mean different things to different...
