How to avoid 'rug pulls,' the latest cryptocurrency scam
A new type of scam has emerged in the hype-filled world of cryptocurrency: the "rug pull."
May 11, 2022
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News tagged with digital assets
Internet
Stars align for fintech, but regulators are wary of dangerous risks
Commercials featuring NBA legend LeBron James, comedy icon Larry David and movie star Matt Damon touting digital assets were prominent on this year's telecast of the Super Bowl played at California's SoFi Stadium, named for ...
Apr 19, 2022
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Business
Crypto, blockchain and NFTs: Professor explains the fast-moving digital assets space
U.S. President Joe Biden recently signed an executive order that calls on several agencies to work towards a regulatory framework for certain types of digital assets, potentially laying the groundwork for a U.S. central bank ...
Apr 6, 2022
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Business
Stablecoin issuers seek bank licenses to reassure customers
Firms that issue or trade stablecoins are looking to secure banking licenses, largely as a signal to customers that the coins are safe as bank deposits.
Apr 5, 2022
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Business
Crypto, NFTs are rife with 'mountains' of fraud, IRS says
IRS criminal investigators see cryptocurrencies and nonfungible tokens as ripe for fraud, including money laundering, market manipulation and tax evasion—and even celebrities could get caught up in the agency's probes.
Jan 26, 2022
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Business
Business
SEC's Peirce says agency guidance on nonfungible tokens is needed
The growth of so-called nonfungible tokens has at least one Securities and Exchange Commission member thinking the agency needs to release guidance on the digital assets this year.
Jan 25, 2022
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Charities wade into NFT craze with mixed financial results
On GivingTuesday, officials at New Jersey-based health care charity Sostento learned they would receive a donation of roughly $58,000 by the end of the week.
Dec 29, 2021
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Internet
Giving families better access to the digital assets of deceased loved ones
A new report highlights the extent of the distress caused by being cut off from digital assets when family members die or become incapacitated.
Sep 21, 2021
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Business
US infrastructure plan tightens tax collection on cryptocurrency
The giant US infrastructure bill that won Senate approval on Tuesday counts on getting some of its funding from cracking down on tax evasion by people profiting off cryptocurrency.
Aug 10, 2021
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