Crypto ATMs

What are crypto ATMs? Recently, you may have seen new ATMs popping up everywhere from airports to retail stores to 7/11s. These new ATMs are crypto ATMs, also known as a crypto ATM machine, cryptocurrency ATM, Bitcoin ATM (BATM) or BTM kiosk. Crypto ATMs are standalone, internet-enabled kiosks that allow individuals to buy or sell […]

Cryptocurrency Lobbying

What is cryptocurrency lobbying? As cryptocurrency and blockchain technologies continue to innovate and grow at a rapid rate, the crypto industry has increased its cryptocurrency lobbying presences and are taking to Capitol Hill in attempts to educate Congress on the positives that blockchain technology and cryptocurrency can bring to the financial ecosystem as well as […]

Real Estate Transactions

Can you buy or sell real estate using cryptocurrency? A small but growing trend in real estate is buying and selling homes using cryptocurrency. Considered a big win from crypto enthusiasts, these types of real estate transaction advances cryptocurrency into the mainstream as a more powerful player in financial investment. The first real estate sale […]

Initial Coin Offerings

What is an Initial Coin Offering (ICO)? Similar to an Initial Public Offering (IPO), an Initial Coin Offering (ICO) (or token offering) is the way funds are raised for new blockchain based startup cryptocurrency offerings. Since cryptocurrency is decentralized, nearly anyone can launch an ICO given the use of the right technology. To create an […]

Cryptocurrency Tax Compliance

tax planning notebook for cryptocurrency

Cryptocurrency remained dormant after a short-lived surge in 2017 but like any sleeping giant, it shocked the world by rising again in late 2020 with a single Bitcoin worth just shy of $30,000. This intense change in the course of crypto history prompted many to invest in virtual currency for the first time. As with […]

Bitcoin Vs Ethereum

bitcoin vs ethereum

Cryptocurrencies are undoubtedly the hottest topic in finance and investing right now, and for a good reason. These are not simply “digital currencies”; they are digital assets that behave unlike anything we have encountered before. The philosophy of what these digital assets could be in the future is far beyond what this article will attempt […]

Asset Protection Trusts and Cryptocurrency 101

bitcoins and its market chart on the background

Cryptocurrency is a taxable asset, according to the IRS Notice 2014-21, 2014-16 I.R.B. 938. Crypto is, for tax purposes, treated as property. The classification allows the asset to be part of legal action meaning that if you are involved in a lawsuit, your digital currency can be subject to seizure. Documenting Cryptocurrency Transactions Cryptocurrency, whether […]