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As 2021 comes to an end, it is crucial for investors in cryptocurrency (“crypto”) to revisit their portfolios and the capital gains they have realized during the year. Unlike stocks, where wash sale rules prevent a taxpayer from selling a security at a loss and immediately buying that same stock back, currently, no such rule …

The Closing Window on the Current Crypto Wash Sale Rule Loophole Read More »

As Bitcoin and Ethereum plummet to 6-month lows, the crypto market still sees great interest in both day traders and long term institutional investors. This month’s round up is as follows: The Federal Reserved refused to commit or to scrap the idea of a Central Bank Digital Currency (CBDC), in their long-anticipated paper. Within the paper, the …

Cryptocurrency News: Building in Resiliency and International Co-Operation Read More »

Further European Union legislation on non-fungible tokens could be issued if requested by lawmakers, an official from the bloc’s executive arm said on Wednesday. “The parliament is working on a resolution on NFTs,” said Peter Kerstens, head of the European Commission’s financial technology task force, while speaking of a procedure under which members of the …

New NFT Rules Possible if Lawmakers Ask, EU Official Says Read More »

GameFi Developers Finally Have Some Light on How the App Store Sees Crypto Apple released the App Store Review Guideline 3.11, which aims to showcase to developers what they can and cannot do in the store when using crypto-related products or services. Developers can now use in-app purchases to sell their NFTs and offer NFT …

Apple Sets New App Store Rules: Blockchain Games May Have a Major Impact Read More »