When Is a Bitcoin Not a Bitcoin? When It's an Asset, Says G-20

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When Is a Bitcoin Not a Bitcoin? When It's an Asset, Says G-20

Finance ministers seeking to crack down on tax evasion this week in Buenos Aires have cryptocurrencies like Bitcoin at the forefront of their minds. The Group of 20 countries are moving to a consensus that cryptocurrencies aren't money after all, but an asset. That means trades potentially could be
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Telegram Loses Bid to Stop Russia From Getting Encryption Keys

It raised $850 million from investors in February in a so-called initial coin offering and is trying to raise another $1.7 billion, according to company documents seen by Bloomberg News. Telegram plans to use the proceeds to build a blockchain network with built-in cryptocurrency Gram that could enable
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Office Depot appoints chief accounting officer

Kriss most recently served as SVP, chief accounting officer and tax Officer for The Wendy's Company, responsible for all aspects of The Wendy's Company's accounting and tax functions. Prior to joining The Wendy's Company, he held positions at Bacardi-Martini, Tween Brands, Limited Brands, and
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FTC Probing Facebook for Use of Personal Data, Source Says

Facebook Inc. is under investigation by a U.S. privacy watchdog over the use of personal data of 50 million users by a data analytics firm to help elect President Donald Trump. The U.S. Federal Trade Commission is probing whether Facebook violated terms of a 2011 consent decree over its handing of
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MTA big concedes that agency hires crooked contractors

An MTA executive admitted Monday that the transit agency hires notoriously corrupt contractors in hopes of straightening them out.
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