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For some workers, that paycheck could be in cryptocurrency sooner than later "A taxpayer who receives cryptocurrency as payment for goods or services must, in computing gross income, include the fair market value of the cryptocurrency, measured in U.S. dollars, as of the date that the cryptocurrency was received," said Selva Ozelli, a CPA who writes about cryptocurrencies.
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3 Reasons Cryptocurrency Isn't Worth Your Time Over the last few months, there's been growing interest in a new "it" category: cryptocurrency. Bitcoin has emerged as the Xerox or Kleenex of the category, with newer names such as Ethereum, Ripple and many others gaining notoriety. The digital currency checks several of the "it" criteria boxes: it's new ...
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Winklevoss twins propose self-regulatory body for cryptocurrency industry As regulation of the cryptocurrency industry intensifies, a prominent bullish duo has proposed one way to disabuse critics of the notion that the nascent sector represents a Wild West of investing. Cameron and Tyler Winklevoss, who founded digital-currency exchange Gemini, are putting forward a ...
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Ex-Maersk executives bring blockchain and cryptocurrency to shipping A new platform powered by blockchain technology and cryptocurrency could help save the shipping industry US$5.7bn annually. That's the aim of Blockshipping, a new Danish company which is soon to launch an initial coin offering (ICO) to kickstart a project that they say will change the way shipping ...
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Uphold Powers Cryptocurrency Payroll In the developed world of workers in the United States and Europe, the ability to be paid in cryptocurrency probably would not add all that much to their daily life. It's novel, of course – and the "ain't it cool" factor might prompt some people to give it a try. And, of course, there are true bitcoin believers in ...
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