Senate Fails to Pass Amendment to Crypto Tax Provision

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Senate Fails to Pass Amendment to Crypto Tax Provision

The debate around a controversial cryptocurrency tax provision in the $1 trillion infrastructure bill passed by the Senate intensified on Monday after senators failed to reach a compromise on an amendment that would have limited the law’s reach on the crypto …
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Venmo to allow credit card holders to automatically buy cryptocurrency with their cash back

Unlike when buying cryptocurrency directly, these automated purchases will have no transaction fees associated with them — a feature Venmo says is not a promotion, but how the system will work long term. Instead, a cryptocurrency conversion spread is built …
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Coinbase Shares Are Flat After Earnings, Revenue Top Estimates

The company reported second-quarter revenue of $2 billion, while analysts polled by Bloomberg expected $1.88 billion. It had net income of $1.6
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Andreessen-Backed 5G Blockchain Network Raises $111 Million

By submitting my information, I agree to the Privacy Policy and Terms of Service and to receive offers and promotions from Bloomberg. The Helium
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BitMEX Crypto Exchange to Pay $100 Million to Settle Probes

Alexander Hoptner, chief executive officer of 100x. Photographer: Paul Yeung/Bloomberg
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